Today, a trader writes 12 December Apple call option contracts with a strike price of $115 and receives a premium of $2.62. Apple common stock is trading at $110 per share. One week later, the trader completely offsets this position at an option price of $2.50. What is the traders total gross profit or loss, not taking into account trading expenses? All prices are per share. The underlying asset is 100 shares. (Answer is $144)