Currency Forward Profit or Loss Analysis

XYZ Corporation, based in the United States, has entered into a one-year currency forward contract to purchase €10,000,000 at a forward exchange rate of 1.10 USD/EUR. The current spot exchange rate is 1.05 USD/EUR. The one-year risk-free interest rate is 2% in the Eurozone and 1% in the United States.

At contract maturity, if the actual spot rate is 1.15 USD/EUR, what is the implied profit or loss for XYZ Corporation from the currency forward contract, expressed in USD?