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Use the following corn futures quotes: Corn 5 , 0 0 0 bushels Contract Month Open High Low Settle Change Open Interest March 4 5

Use the following corn futures quotes:
Corn 5,000 bushels
Contract Month Open High Low Settle Change Open Interest
March 455.125457.000451.750452.0002.750597,913
May 467.000468.000463.000463.2502.750137,547
July 477.000477.500472.500473.0002.000153,164
September 475.000475.500471.750472.2502.00029,258
Suppose you buy 32 of the September corn futures contracts at the last price of the day. One month from now, the futures price of this contract is 464.750, and you close out your position. Calculate your dollar profit on this investment.
Note: A negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.

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