You shorted a call option on Intuit stock with a strike price of $41. When you sold (wrote) the option, you received $7. The option will expire in exactly three months' time.

a. If the stock is trading at $61 in three months, what will your payoff be? What will your profit be? Round to nearest dollar

b. If the stock is trading at $35 in three months, what will your payoff be? What will your profit be? Round to nearest dollar