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Nov, Heating Oil, $42,000$ gal, $ and cents$/$gal $8\mathrm{.}4914\mathrm{.}677\mathrm{.}478\mathrm{.}69$

Nov, Crude Oil, $1,000$ bbls$.$ $ and cents$/$bbl $16\mathrm{.}9820\mathrm{.}8614\mathrm{.}3819\mathrm{.}79$

You purchase $20$ contracts of November heating oil at the close. What is the dollar amount of your margin requirement if the margin rate on heating oil is $7\mathrm{.}38$ percent?

Answer should be formatted as a number with $0$ decimal places $($e$.$g$.999).$