You went long 50 December 2019 crude oil futures contracts at a price of $47.94. Looking at Figure 14.1, if you closed your position at the settle price on this day, what was your profit?

Crude Oil, Light Sweet (NYM)-1000 bbls.; $ per bbl. May 64.22 64.70 64.05 64.61 June 64.20 64.71 64.01 64.65 July 64.12 64.69 63.93 64.67 Sept 63.72 64.40 63.55 64.38 Dec 62.73 63.47 62.57 63.46 Dec'20 58.73 59.29 A 58.68 59.28 NY Harbor USD INYM.47000 gal nor aal 0.63 280,173 0.69 321,402 0.76 189,217 0.82 154,891 0.84 199,537 0.56 118,733