please help with excel step-by-step (detailed) much appreciated **IMPORTANT** PLEASE MAKE SURE TO USE EXCEL WITH FORMULAS

Suppose you believe that Jonhsun Company's stock price is going to increase from its current level of $22.50 sometime during the next 5 months. For a total of $310.25 you can buy a 5-month call option giving you the right to buy 200 shares at a price of $27 per share. If you buy this option for $310.25 and Jonhsun's stock price is $29 in 5 months from now right before your option expires, would you exercise your call option and what would your pre-tax net profit or loss be?

PLEASE HELP WITH EXCEL STEP-BY-STEP (IN FULL detail) much appreciated **IMPORTANT** I WANT TO LEARN