The Yen/dollar Exchange Rate Is ¥120 = $1 in London

The yen/dollar exchange rate is ¥120 = $1 in London and ¥123 = $1 in New York at the same time. What is the net profit if a dealer takes $1,000,000 to purchase ¥123,000,000 in New York and engages in arbitrage by selling it in London?

A) $34,000
B) $20,390
C) $25,000
D) $46,666
E) $39,454