Suppose you purchase a May 2014 soybean oil futures contract on this day, at the last price of the day. Use Table 23.1

What will your profit or loss be if soybean oil prices turn out to be $.4063 per pound at expiration? (Do not round intermediate calculations. Enter your answer as a positive value and round your answer to 2 decimal places, e.g., 32.16.)

Table 23.1 info

Soybean oil Futures: May = Open 42.79 , high 42.80, low 41.69, settle 41.88, CHG -.89, Open Interest 8.767

June= open 42.91, high 43.00, low 41.82, settle 42.11, CHG -.84, Open Interest 166.719