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Thomas buys 100 shares of stock for $40, then purchases one put contract (X=35) for a premium of $1 (per option, and one contract includes

Thomas buys 100 shares of stock for $40, then purchases one put contract (X=35) for a premium of $1 (per option, and one contract includes 100 options). Thomas plans to sell the stock in 6 months, when the put option expires. If the price on expiration day is $62, what is Thomas' total profit in dollars?

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