the 90-day U.S. interest rate is 4.13%. The 90-day Malaysian interest rate is 4.75%. The 90-day forward rate of Malaysian ringgit is $0.402, and the spot rate of Malaysian ringgit is $0.402. Assume that the Santa Barbara Co. in the United States will need 234,535 ringgits in 90 days. It wishes to hedge this payables position. How much is the cost difference of Santa Barbara from implementing a forward hedge and a money market hedge (Please round to a dollar and use the absolute value)?