On 20 February 20XX, the All Ordinaries Index closed at 7162.50 points and the June 20XX SPI 200 futures was priced at 7090 points. A speculator believes that share prices are likely to fall and so decides to sell June 20XX SPI 200 futures. On 23 March 20XX, when the All Ordinaries Index falls to 4546.0 points and the June 20XX SPI 200 futures falls to 4483 points, the speculator decides to reverse her position. How much profit / loss does the speculator make?

Group of answer choices

-$2607

$2607

$35175

-$35175

None of the above answers is correct.