$1.$ The current bid and ask prices for MSFT are $(5$ points$)$:

Bid $334\mathrm{.}20$ x $500$

Ask $334\mathrm{.}24$ x $1,000$

Describe the outcome in the cases below when these orders are entered. The situations are independent $($i$.$e$.,$ do not follow one another$).$

$1\mathrm{.}1$ A limit order to sell $100$ shares with a limit price of $334\mathrm{.}23.$

$1\mathrm{.}2$ A limit order to sell $100$ shares with a limit price of $334\mathrm{.}20.$

$1\mathrm{.}3$ A limit order to sell $100$ shares with a limit price of $334\mathrm{.}24.$