Suppose that Sailbridge Bank and Signbit Bank have revised their quotations for the British pound. The revised quotations are shown in the following table: Sailbridge Signbit Bid Ask Bid Ask British pound $1.18 $1.19 $1.19 $1.23 Suppose that you have $13,000 to use to engage in locational arbitrage. In this case, which is the most likely outcome of attempting to engage in locational arbitrage? Earn a profit of $349.58. Earn a profit of $568.07. You cannot profit from locational arbitrage in this situation. Earn a profit of $524.38