first image is the clas example. I dont understand how to apply to the question below. please help.

Exhibit 35: Hedging With Commodity Futures Contract Short Hedge (For producers of commodity such as farmers, oil producers) Risk, Fear, Expectation: PL Cash Market Futures Market Time 1 Target price = $3.35 Short (Sell) futures cont. at $3.37 Time 2 (2 months later) Price = $3.28 Long (Buy) futures cont. at $3.30 Results Opportunity loss = 7 cents Gain = 7 cents Final cash price =$ 3.28 Gains in futures = $0.07 Total received = $ 3.35. ......... Target price Please show full calculations. 1a. Calculate the results for a short hedge with the following information for a producer of gold. Cash Market Price Futures Market Price per unit per unit Time Now Later:6 months from now $1723 Cash or Spot price $ 1725 Futures price $1619 Cash or Spot price $1621 Futures price Time Show your work and actions in table below Actions in the cash or spot market Now Actions in the futures market Later: 6 months from now Results 1 b. Show the combined results of your actions and calculate the net, actual, final result in dollars per unit price of gold to the producer here