You are an American ($) importer buying from England (L). The transaction size is 210,000 Pounds due in 2 months. Futures contracts come in 62,500 L increments. How much would you eventually pay for the goods if you hedged with futures given the following data. All numbers are $/L. Note if you pay 100L, the answer is 100, not -100.

Now 2 months from now

Spot 1.280 1.291 1.348 1.356

Futures 1.305 1.359