can you please show your work

You are working on potential hedges for E&P, Inc.'s March 2021 oil production. You observe the following market prices for March 2021 Oil forwards and oil options: March 2021 Forward price = $41.00/barrel Strike Call price/barrel I Strike Put price/barrel 35 $ 7.00 35 $ 2.00 40 4.50 40 3.25 45 1.50 45 5.00 A) If the spot market price of oil in March 2021 turns out to be $35.00 per barrel, which of the following strategies that E&P could put in place would have resulted in the best outcome (highest net price per barrel, including the costs or benefits of the hedge)? Unhedged (sell at spot market price of $35 in March) Sell Forward at $41/bbl Sell Call with strike of $45 Buy Put with strike of $35 Collar: Buy Put with strike of $35, sell Call with strike of $40