Silver Financial expects that the Singapore dollar will depreciate against the U.S. dollar from its spot rate of $0.45 to $0.42 in 30 days. The following annual interest rates apply: Currency Lending Rate Borrowing Rate U.S. dollars 7.00% 7.30% Singapore dollar (S$) 12.00% 13.25% Silver Financial has the capacity to borrow 10 million Singapore dollars or equivalent US dollars. If Silver Financial's forecast is correct, what will its dollar profit be from speculation over the 30-day period? Choose the closest answer. Select one: a. $100,384 b. $122,245 c. $240,245 d. $279,875