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On 11 January, WA Co., an Australian company will receive Thai baht (THB) in March from a Thai importer. Therefore, it sells a futures contract specifying THB4 million and a March settlement date (which is 24 March for this contract). On 11 January, the futures contract is priced at A$0.2089 per THB. On 13 February, WA Co. has received an email from the Thai importer that the order has been cancelled due to unavoidable circumstances. Therefore, WA Co. no needs to sell a futures contract for THB in March. It buys a futures contract on THB4 million with the March settlement date to offset the contract it sold in January. At this time, the futures contract is priced at A$0.2506 per THB. Calculate the pro²t or loss in Australian dollar (A$) (ignore the margin requirements) that WA Co. incurs due to closing its' March futures contract position. (enter the whole number without sign and symbol)
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