Use the following corn futures quotes:

Corn 5,000 bushels

Contract Month Open High Low Settle Chg Open Int

Mar 455.125 457.000 451.750 452.000 2.750 597,913

May 467.000 468.000 463.000 463.250 2.750 137,547

July 477.000 477.500 472.500 473.000 2.000 153,164

Sep 475.000 475.500 471.750 472.250 2.000 29,258

Suppose you sell 23 of the May corn futures at the high price of the day. You close your position later when the price is 466.375. Ignoring commission, what is your dollar profit on this transaction? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.)