During the Global Financial Crisis, Diane beat the restrictions on short selling ANZ shares by constructing a synthetic position by buying and writing ANZ options. Put options with an exercise price of $27.00 have a premium of 60c while call options with exercise prices of $27.00 and $28.00 are available for 25c and 10c respectively. All options expire in 3 months. Ignoring the time difference between the purchase of the option and its expiry:

i) construct a clearly labelled diagram showing the expiry profit as a function of share-price, from the synthetic short position.

ii) calculate the profit for the expiry share-prices of $25.00 and $28.00 in order to complete the table below.