You are facing the following exchange rates and interest rates.

Spot rate (/$) 132

180-day forward rate (/$) 124

180-day U.S. dollar interest rate 2.3%

180-day Japanese yen interest rate 8.0%

If you can borrow $1,000,000 or the equivalent amount of yen, and you can profit from the covered interest arbitrage, then your profit is $_______________. (Please keep two decimal places.)