The Markville Co. and the Unionville Co. have both announced IPOs at $40 per share. One of these is undervalued by $11, and the other is overvalued by $3, but you have no way of knowing which is which. You plan to buy 1,000 shares of each issue. If an issue is underpriced, it will be rationed, and only half your order will be filled.

If you could get 1,000 shares in Markville and 1,000 shares in Unionville, what would your profit be? (Do not round intermediate calculations. Round the final answer to nearest whole number. Omit $ sign in your response.)

Profit $ ?????

What profit do you actually expect? (Do not round intermediate calculations. Round the final answer to nearest whole number. Omit $ sign in your response.)

Expected profit $ ?????