Interest Rates on the U

Interest rates on the U.S. dollar are 6.5% and euro rates are 5.5%. The dollar per euro spot rate is 0.950. What is the arbitrage profit on a required $1 million Euro payment if the forward rate is 0.980 dollars per Euro and the exchange occurs in one year?

A) $10,000
B) $21,000
C) $28,000
D) $34,000