Silver futures contracts are based on $5,000$ troy ounces and are priced in dollars per troy ounce. Suppose a closing report displays these prices for a December contract: Open $29\mathrm{.}870,$ High $29\mathrm{.}900,$ Low $29\mathrm{.}050,$ and Settle $29\mathrm{.}238.$ What is the closing value for two December futures contracts on silver?

$$299,000$

$$290,500$

$$298,700$

$$296,680$

$$292,380$