Suppose on Aug $30,2024,$ an investor entered into a forward contract to buy $25,000$

pounds of copper at $$3\mathrm{.}6440$ per pound on Aug $30,2025.$ On September $10,2024,$ the same

investor entered into a forward contract to sell $25,000$ pounds of copper at $$3\mathrm{.}8250$ per pound

on Aug $30,2025.$ Describe the net payoff from the two positions at the end of maturity.