Kurnick Co. expects that the pound will depreciate from $1.74 to $1.72 in one year. It has no money to invest, but it could borrow money to invest. A bank allows it to borrow either 1.2 million dollars or 1.2 million pounds for one year. It can borrow dollars at 6.0 percent or British pounds at 4.5 percent for one year. It can invest in a risk-free dollar deposit at 4.5 percent for one year or a risk-free British deposit at 3.5 percent for one year. Determine the expected profit or loss (in dollars) if Kurnick Co. pursues a strategy to capitalize on the expected depreciation of the pound. Do not round intermediate calculations. Round your answer to the nearest dollar. Enter your answer as a positive value.