Scholat Corp., a US based corporation, plans to make a payment of EUR 125,000 in six monthe. To hedge this position, the corporation plans to purchase a call option contract for EUR 125,000 with a strike price of $1.20 and premium of 30.05. If the spot prioe in six monthe is $1.04/ EUR, how much will the corporation pay in total? Submit your firsal answer in dollars rounded to two decinal places (Ex, 50.00)