On June $1,$ Maxwell Corporation $($a U$.$S$.-$based company$)$ sold goods to a foreign customer at a price of $1,300,000$ pesos and will recelve payment in three months on September $1.$ On June $1,$ Maxwell acquired an option to sell $1,300,000$ pesos in three months at a strike price of $$0\mathrm{.}094.$ The time value of the option is excluded from the assessment of hedge effectiveness, and the change in time value is recognized in net income over the life of the option. Relevant exchange rates and option premia for the peso are as follows:

$\backslash$table$[[,,\backslash$table$[[$Put Option Premium for$],[$September $1($strike price$]]],[$Date$,$Spot Rate,$$0\mathrm{.}094)],[$June $1,$$$0\mathrm{.}094,$$$0\mathrm{.}0057$