On August 1,2025 , a company purchased a call option on shares of Rex Co. stock for speculative purposes. The contract was for 100 shares at a strike price of $120 per share, with an expiration date of October 31, 2025. The option contract premium was $30. On September 30 , a market appraisal estimated time value of the option to be $17. The company settled the option contract on October 5 (assume cash settlement), on which date time value was estimated to be $11. Prices of Rex Co. stock during the option period are provided below. Required: 1. Compute the balance of the Call Option account as of September 30 . 2. What amount related to the option will appear on the company's income statement for the quarter ending September 30? (Enter all amounts as positive values.) Compute the balance of the Call Option account as of September 30