Cullumber International is a U.S.-based company which sells its products primarily in overseas markets. The companys stock is currently trading at $50 per share. Depending on the outcome of U.S. trade negotiations with the countries to which Cullumber exports its products, the companys stock price is expected to be either $65 or $25 in six months. The risk free rate is 6 percent per year. What is the value of a put option on Cullumber stock that has an exercise price of $35 per share? (Round x value to 3 decimal places, e.g. 15,525, y value and final answer to 2 decimal places, e.g. 15.25.)