You have written a put option on Diebold Inc. common stock. The option has an exercise price of $44 and Diebold's stock currently trades at $46.50. The option premium is $.85 per contract.

A. What is your net profit if Diebold's stock price increases to $48 and stays there untill the option expires?

B. What is your net profit on the option if Diebold's stock price decreases to $41 at expiration of the option and the option holder exercises the option?

(Nagative amount should be indicated by a minus sign. Round your answers to 2 decimal places.)