You have the following market data. The S&P 500 market index currently is 94.4. The annualized, continuously compounded dividend yield on this index is 3.45%. The futures contract on this index has an index multiplier of 100. The annualized, continuously compounded risk-free rate is 1.16%. The index futures contract that expires in 5 months has a futures price of 83.37. What is the total net profit if you execute the arbitrage strategy with one futures contract?

Do not round values at intermediate steps in your calculations. Enter your answer in dollars and cents to two decimal places, but omit the $ symbol and commas. For example, enter $1,234.56 as 1234.56 as your answer.