Suppose on May 1, 2014 your company entered into a contract to deliver goods to Germany. Delivery of the goods was to occur three months later (August 1, 2014) with full payment of 25,000,000 Euros due on the delivery date. Suppose on May 1, 2014 when you signed the contract, the forward exchange rate was equal to the spot exchange rate on that date, If you had entered into a forward contract using the May 1, 2014 exchange rate to hedge your 25,000,000 Euro conversion into U.S. Dollars, what would your gain or loss have been in U.S. Dollars on the forward market transaction?