You have purchased a put option on Teledoc common stock. The option has an exercise price of $$77$ and Teledoc's stock currently trades at $$78\mathrm{.}18.$ The option premium is $$1\mathrm{.}29$ per contract. One option equals $100$ shares of the underlying stock.

a$.$ Calculate your net profit on the option if Teledoc's stock price falls to $$75$ and you exercise the option. $($Negative amount should be indicated by a minus sign. Do not round intermediate calculations.$)$

b$.$ Calculate your net profit on the option if Teledoc's stock price does not change over the life of the option. $($Negative amount should be indicated by a minus sign.$)$

$\backslash$table$[[$a$.,$Net profit,$$,71],[$b$.,$Net profit,,$]]$