HBA Limited Purchased Equipment Manufactured in Australia

HBA Limited purchased equipment manufactured in Australia. The contract was for 10,000,000 Australian dollars, due in 180 days. The present exchange rate in US dollars is $.51 per Australian dollar and the 180-day forward rate is $.514. If the rate actually goes to $.50 in 180 days, what is the US dollar gain or loss incurred if no hedge is taken relative to a hedged position?

A) $392,157 gain
B) $ 40,000 loss
C) $100,000 gain
D) None of the above