Suppose unleaded gasoline is currently trading at $3.10 per gallon. You face an interest rate of 5.2 percent and a carrying cost of $.04 per gallon per month. The current market price of a four-month futures contract on gasoline is $1.61 per gallon. You are evaluating a three-month carry trade opportunity. a. Determine the present value of the storage costs (PVSC). (Round your answer to 4 decimal places.) PV of storage costs ces b. Identify what the futures price should be under spot-futures parity. (Do not round Intermediate calculations. Round your answer to 3 decimal places.) Future price c. Calculate the potential profit per gallon. (Round your answer to 2 decimal places.) Potential profit per gallon