You write a put with a strike price of $55 on stock that you have shorted at $55 (this is a "covered put"). What are the expiration date profits to this position for stock prices of $45, $50, $55, $60, and $65 if the put premium is $2.40? (A negative value should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations. Round your answers to 2 decimal places.) Stock price Short profit Put payoff Put profit Net profit $ 45.00 $ 10.00 $ 2.40 2.40 $ 50.00 $ 5.00 $ $ $ 0 $ 55.00 60.00 -7.60 $ -2.60 $ 2.40 $ 2.40 $ 2.40 $ 2.40 -2.60 $ $ $ -5.00 - 10.00 $ 65.00 $ $ -7.60