You are cautiously bullish on the common stock of the Avalon Corporation over the next several months. The current price of the stock is $53 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 Expiration June June June Underlying Stock price: $53.00 Strike Call Put $ 48.00 $ 8.80 $ 2.30 $ 53.00 $ 4.65 $ 3.30 $ 58.00 $ 2.15 $ 7.80 Ignoring commissions, the cost to establish the bull money spread with calls would be Multiple Choice $1,095 O $415 income rather than cost $665 O $415