You purchased one SPX put option with a strike of 1,400. You wrote one SPX put option with the same maturity date and a strike of 1,300. At maturity, what is your total payoff if the S&P 500 index is 1,320? Please show your works. Thanks. A)-$2,000 B)$8,000 C)$4,000 D)-$8,000 E)$2,000