The contract size for platinum futures is 50 troy ounces. Suppose you need 350 troy ounces of platinum and the current futures price is $1, 035 per ounce. How many contracts do you need to purchase? How much will you pay for your platinum? What is your dollar profit if platinum sells for $1, 065 a troy ounce when the futures contract expires? What if the price is $980 at expiration? (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to the nearest whole number. Omit the "$" sign in your response.)