On June 1, 2019, E Company entered into a firm commitment to purchase specialized equipment from N Company for 80,000,000 Yen on July 31, 2019. The exchange rate on June 1, 2019 is 100 Yen to 1$. To reduce the exchange rate risk that could increase the cost of the equipment in US dollars, the entity paid $10,000 for a call option contract. This contract gives the entity the option to purchase 80,000,000 yen at an exchange rate of 100 yen = 1$ on July 31, 2019. On July 31, 2019, the exchange rate is 92 yen vs $1.

How much in US dollar did the entity save by purchasing the call option?