You have $$1,000.$ Triangular Arbitrage. You go to a bank and are given these quotes:You can buy a euro for $14$ pesos. The bank will pay you $13$ pesos for a euro. You can buy a U$.$S$.$ dollar for $0\mathrm{.}9$ euros. The bank will pay you $0\mathrm{.}8$ Euros for a U$.$S$.$ dollar. You can buy a U$.$S$.$ dollar for $10$ pesos. The bank will pay you $9$ pesos for a U$.$S$.$ dollar.Information $-$ direct quotes: Bid AskEuro in $ $1\mathrm{.}111\mathrm{.}25$Pesos in $$$\mathrm{.}10$ $$\mathrm{.}11$Euro in pesos $1314$Use triangular arbitrage to generate a profit on the US$$1000$ investment.The profit that can be generated from the use triangular arbitrage is: Exclude $ $,$ and space from your answer. Example $$1200$ is input as $1200$