Suppose International Retailer, Ltd. (IRL) had inventory in Britain valued at 275,000 pounds one year ago. The exchange rate for dollars to pounds was 1 pound = 2 U.S. dollars. This year the exchange rate is 1 pound = 1.82 U.S. dollars. The inventory in Britain is still valued at 275,000 pounds. What is the gain or loss in inventory value in U.S. dollars as a result of the change in exchange rates? Enter your answer rounded to two decimal places. Do not enter $ or comma in the answer box. For example, if your answer is $12,300.456 then enter as 12300.46 in the answer box.