Suppose you write 24 put option contracts with a $70 strike. The premium is $2.40. Evaluate your potential gains and losses at option expiration for stock prices of $60, $70, and $80. (Input all amounts as positive values.)

At stock price of $60, the	loss	is	$182 (selected answer incorrect)
At stock price of $70, the	gain	is	$58 (selected answer incorrect)
At stock price of $80, the	gain	is	$58 (selected answer incorrect)