Kurnick Co. expects that the pound will depreciate from $1.74 to $1.73 in one year. It has no money to invest, but it could borrow money to invest. A bank allows it to borrow either 1.6 milion dollars of 1.6 mition pounds for one year. It can borrow dollars at 6.5 percent or British pounds at 6.0 percent for one year, It can invest in a risk-free dolar depost ot 6.0 percent for one year or a tisk-free British deposit at 5.5 percent for one year: Determine the expected profit or loss (in doliars) if kurnick Co. pursues a strategy to capitalie on the expected. depreciation of the pound. Do not round intermediate casculations. Round your answer to the nearest dollar. Enter your answer as a positive value. Kurnick Co, borronst and invest in a risk-freo deposit to captalize on the expected deprecition of the pound. The exoected is 5