OJ prices have fallen substantially. In expectation of a correction, a trader goes long 10 FCOJ contracts at 91.75 cents per pound. After prices increase slightly, the trader expects them to continue to rise. As a result, he goes long 15 more FCOJ contracts at 92.50 cents per pound. 3 months later, the trader closes out his entire position at 93.25 cents per pound. The commissions are $25 per contract, the contract size is 15,000 lbs., and prices are quoted in cents per lb. What is the total gain or loss on his futures transactions?