Wildhorse Industries has purchased equipment from a Brazilian firm for a total cost of 310,000 Brazilian reals. The firm has to pay in 30 days. Citibank has given the firm a 30-day forward quote of $0.3102/real. Assume that on the day the payment is due, the spot rate is $0.3403/real. How much would Wildhorse save by hedging with a forward contract