On June $1,$ the PM Corp. $($a US$-$based company$)$ sold goods to a Swiss customer for $100,000$ francs, who will pay on October $1.$ On June $1,$ PM purchased an option $($strike Drice$=$ S $1,$DO$)$ to sell $100,000$ francs on October $1.$ The option is designated a fair value hedge. The option's time value is excluded in assessing hedge effectiveness, and the change in time value is recognized in net income$ exchange rates per franc and option premia follow Date Spot Rate Put Option Premium for Oct. $1($strike June $1$ $$1000$ price $$100)$ June $300985$ $$0\mathrm{.}0400\mathrm{.}032$ N$/$A October $10\mathrm{.}972$ What is the option contract's intrinsic value on October $17$