This is September. The the price of the December maturity euro futures contract, which is traded on the Chicago Mercantile Exchange (CME), is $1.05/. A trader, believing that the euro will rise in the near future, purchased one December euro futures contract at the price and plan to hold it for one week. Each contract has a standardized size of 125,000. Suppose one week later, the euro futures price goes up to 1.10/, and the investor sells the contract.

Please calculate the profit from this transaction.