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The table below contains information for an XRAY, Incorporated call option. XRAY common stock is currently selling for $ 3 4 . 6 0 .

The table below contains information for an XRAY, Incorporated call option. XRAY common stock is currently selling for $34.60.
\table[[Expiration,Strike,Last,Volume,Open Interest],[November,31.00,3.00,2,156,11,579]]
Required:
a. Is the option in the money?
Yes
No
b. What is the profit on this position? (Round your answer to 2 decimal places.)
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