Suppose unleaded gasoline is currently trading at $3.50 per gallon. You face an interest rate of 6 pere int and a carrying cost of $.08 per gallon per month. The current market price of a four-month futures contract on gasoline is $1,65 fer gallon. You are evaluating a three-month carry trade opportunity. a. Determine the present value of the storage costs (PVSO). (Round your answer to 4 decimal placis.) b. Identify what the futures price should be under spot-futures parity. (Do not round intermediate calculations. Round your answer to 3 decimal places.) c. Calculate the potential profit per gallon. (Round your answer to 2 decimal places.)