XYZ Corp. sold a put option on Singapore dollars for a premium of $0.02 per unit. The strike price was $1.45 and the spot price of Singapore dollar was $1.42, when the option was exercised. There are 35,500 units in one Singapore dollar option contract. XYZ Corp. immediately sold all Singapore dollars received when the option was exercised. Calculate the net profit for XYZ Corp. for this option