Week 3 HW (App A) 2 10 points Saved On March 1, 2022. Jensen Corp purchased a call option on shares of YTV stock. The contract was for 100 shares at a strike price of $110 per share, with an expiration date of May 31, 2022. The option contract premium (the amount paid to enter the contract at signing) was $60. On March 31, a market appraisal estimated the time value of the option to be $50 Jensen settled the option contract on May 10. Prices of YTV stock during the option period are provided below. Price of YTV stock: March 1 $110 March 31 $100 May 10 $105 At what amount would Jensen report as the value of the call option in its March 31, 2022 balance sheet? eBook Call Option account balance as of March 31, 2022 References