Use the following quotes for Target stock options: Calls for March 15, 2019 Contract Name TGT 19031500050000 TOT 190316C00055000 Last Trade Date Strike Last Price Bid Ask Change Change 2018-12-19 3:37PM EST 50.00 13.55 20.05 20.30 0.00 2018-01-07 10:40AM EST 55.00 14.53 15.35 15.50 2018-12-19 258PM EST 57.50 7.90 12.96 13.20 0.00 0.00 TGT190316C00057500 TGT190316C00062600 7.80 8.70 8.85 -0.57 6,81% TOT190315C00067500 2018-01-08 9:53AM EST 62.50 2018-01-08 11:11AM EST 67.50 2018-01-08 1:22PM EST 72.50 5.32 5.25 5.40 -0.19 +3.70% TGT190315000072500 283 2.79 2.85 -0.04 Puts for March 15, 2019 Contract Name TGT190316P00048000 TGT190315P00047500 TGT190316P00080000 Last Trade Date Strike Last Price Bd Ask Change % Change 2018-01-02 10:24AM EST 45.00 0.20 0.09 0.12 0.00 2018-01-08 10:38AM EST 47.50 0.19 0.14 0.18 -0.51 72 30% 2018-01-07 12:24PM EST 50.00 0.25 0.20 0.22 0.00 2019-01-08 12:13PM EST 55.00 0.49 0.45 0.48 -0.02 -3.92% TGT190315P00055000 TGT190315P00057500 0.84 0.88 0.70 +0.02 +2.44% 2019-01-08 10:38AM EST 57.50 2019-01-08 1:18PM EST 00.00 TOT 190316P00000000 1.07 1.03 1.05 0.13 -10.83% If you wanted to purchase the right to sell 2,800 shares of Target stock in March 2019 at a strike price of $55 per share, how much would this cost you? (Do not round intermediate calculations. Round your answer to the nearest whole number.) Total cost