The Orlando Power Company own one generating plant and serves some load. It has been actively trading in the electricity market and has established the following position for Oct 11 between 8:00 AM and 9:00 AM: . Long-term contract for the purchase of 300 MW at price of 20.00 $/MWh Future contract for the sale of 200 MWh at 22.00 $/MWh. Call option for 150 MWh at an exercise price of 21.00 $/MWh. The option fee is 1.00 $/MWh. Customers pays flat rate tariff at $24.00 $/MWh. . The outcome for Oct 11 is as follows: . The spot price is at $20.5 $/MWh. The total load is 800MWh. The power plant produces 400 MWh at an average cost of $19 $/MWh. Assuming that all imbalances are settled at the spot market price, calculate the profit or loss made by the company