Suppose you buy a straddle, which means you purchase a put and a call with the same strike price. The put price is $1.70 and the call price is $2.10. Assume the strike price is $60. What are the expiration date payoffs to this position for stock prices of $55, $57.50, $60, $62.50, and $65? What are the expiration date net profits to this position for these same stock prices? What are the break-even stock prices?