You are a speculator in crude oil futures. You enter a short position in one crude oil futures contract at a price of $93.44 per barrel. Your initial margin is $3,740 per contract, and your maintenance margin is $3,400 per contract. Each contract is for 1,000 barrels. At the end of the trading day, the settlement price is $95.47 per barrel. What is your variation margin if your account is marked to margin at this price? (Heads up: I am asking for the variation margin for your account, not per barrel.)

Enter your answer in dollars rounded to the nearest dollar. Do not type dollar signs, commas, or decimal points. For example, type a value of $1,234.56 as 1235