On March 1, 2025, Jensen Corp. purchased a call option on shares of YTV stock. The contract was for 100 shares at a strike price of $150 per share, with an expiration date of May 31, 2025. The option contract premium was $60. On March 31, a market appraisal estimated the time value of the option to be $50. Jensen settled the option contract on May 10. Prices of YTV stock during the option period are provided below. Price of YTV stock: March 1 $150 March 31 $140 May 10 $145 At what amount would Jensen report as the value of the call option in its March 31, 2025 balance sheet? Answer is complete but not entirely correct. Call Option account balance as of March 31, 2025: $ 750 x