XYZ Inc has purchased 163 call options on the shares of ABC Corp with each option giving XYZ Inc the right to buy one ABC Corp common share at a strike price of $77.00 per share. XYZ paid $2.12 for each option. Two months later, on the next financial reporting date, the market value of each option is $7.40 per option, while each ABC Corp share is trading at $83.81 per share. XYZ exercises all the options immediately after this financial reporting date and then also immediately sells all shares acquired as a part of the option exercise. What will be the absolute value of the change in XYZ's cash balance following these transactions immediately after the financial reporting date? Ignore any commissions. a. $1,082 b. $1,110 c. $1,027 d. $999 e. $1,055