With regard to futures options, how much profit would an investor make if she bought a call option on gold at 8.28 when gold was trading at $484 an ounce, given that the price of gold went up to $537 an ounce by the expiration date on the call?

(Note: Assume the call carried a strike price of 480.)

The profit would be $

(Round to the nearest dollar.)

Note: incorrect- $48.7248.72.