Home Products Inc. (HPI) entered into a contract on June 30, Year 1, to buy 750,000 pounds of aluminum siding on September 30, Year 1, at a price of $18.25 a pound. The company's treasurer simultaneously took a short position in a forward contact by agreeing to sell 750,000 pounds of aluminum at a price of $16.50 a pound on September 30, Year 1. Assume the following prices for aluminum siding and the aluminum forward contract Aluminum siding/lb. Aluminum forward/lb. June 30, Year 1 September 30 Year 1 $18.25 $16.50 $17.95 $16.32 Based on the above, what is the earnings effect of the aluminum siding purchase commitment with the corresponding fair value hedge at the September 30, Year 1 end? $90,000 loss O V 65F Sunny &