Welch Co. purchased a put option on Reese ordinary shares on January 7,2022 , for 215. The put option is for 300 shares, and the strike price is 51. The option expires on July 31,2022 . The following data are available with respect to the put option: Welch settles the put option on the Reese shares on July 6, 2022. Please compute the profit/loss for the put option transaction. (A) 2,000 (B) 1,285 (C) 1,301 (D) 1,269