Ignore the time difference between the purchase of options and their expiry, and provide your answer in the table below.

Jill short sells 1,000 ANZ shares at a price of $26.00 and decides to construct a hedge by writing an equal number ofputoptions, with an exercise price of $27.00 and a premium of $1.40 per option.Calculateher profit (per share) for the alternative expiry share-prices of $25.00 and $28.00 for theshort shareposition, theshort putposition, and thehedgedposition.