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please show all steps and work Suppose that put option, Put1, has strike $40, and Put 2 has strike $45. Put1 costs $3.72 and Put2

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please show all steps and work

Suppose that put option, Put1, has strike $40, and Put 2 has strike $45. Put1 costs $3.72 and Put2 costs $7.14. If you create a bull spread with a long position in Put 1 and a short position in Put2, what is the profit/loss of the position if on the maturity date the share price is $55 (Assume your bull spread position involves long/short options that cover two underlying shares, not two option contracts)

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