You are cautiously bullish on the common stock of the Avalon Corporation over the next several months. The current price of the stock is $70 per share. You want to establish a bullish money spread to help limit the cost of your option position. You find the following option quotes: Avalon Corporation Underlying Stock price: $70.00 Expiration Strike Call Put June $ 65.00 $ 10.50 $ 4.00 June $ 70.00 $ 5.50 $ 5.00 June $ 75.00 $ 3.00 $ 9.50 Ignoring commissions, the cost to establish the bull money spread with calls would be