The Value of an S&P 500 Futures Contract Is $500

The value of an S&P 500 futures contract is $500 times the index. Assume the futures price on the S&P 500 index is 1612 at the time of purchase. If the index price is 1619 when the position isclosed out, the gain is

A) $700.
B) $7,000.
C) $3,190.
D) $3,120.
E) $3,500.