Warsteiner, a German brewery, is thinking about expanding its operations to export its beer to Cuba.Assume that Warsteiner has the following costs and demand information:

Fixed cost = 405

Marginal cost = 4 per case of beer

Local price =15 per case

Local quantity = 1,789

Export price =10

Export quantity = 4

Calculate Warsteiner's profit (in) from selling only in the local market.Round your answer to two decimal places.