Boris and Bela 100 shares of XYZ @$50. It rises in price and to protect their profit and take in income they hedge their position by buying 1 Put with strike of 55 for $3 per share quoted price and sell 1 Call with a strike $65 for $4 per share quoted price. Find the P&L, Y, at expiration if the stock price is

1. $40 __________ (per share quoted price)
2. $60 ____________ (per share quoted price)
3. $75 ____________ (per share quoted price)