You have written a put option on Diebold Incorporated common stock. The option has an exercise price of $30 and Diebold's stock currently trades at $32.50. The option premium is $0.85 per contract. a. What is your net profit if Diebold's stock price increases to $34 and stays there until the option expires? b. What is your net profit on the option if Diebold's stock price decreases to $27 at expiration of the option and the option holder exercises the option? (For all requirements, negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places. (e.g., (32.16))