Please show work

Problem 20-5 Use Figure 20.1, which lists prices of various IBM options. Use the data in the figure to calculate the payoff and the profits for investments in each of the following July expiration options, assuming that the stock price on the expiration date is $150. (Do not round intermediate calculations. Round your answers to 2 decimal places. Leave no cells blank - be certain to enter "0" wherever required. Negative amounts should be indicated by a minus sign.) Payoff Profit/Loss a. Call option, X = $145.00 b. Put option, X = $145.00 c. Call option, X = $150.00 d. Put option, X = $150.00 e. Call option. X155.00 f. Put option, X = $155.00 IBM (IBM) Underlying Stock Price: 149.60 Call Put Open Open Expiration Strike Last Volume Interest Last Volume Interest July 15, 2016 145 5.18 37 6319 0.48 79 5659 August 19, 2016 145 6.98 137 1943 3.60 512 2476 October 21, 2016 145 8.42 12 1310 6.35 80 1086 July 15, 2016 150 1.85 478 6521 1.81 1649 5763 August 19, 2016 150 4.10 2373 5.91 81 2911 October 21, 2016 150 5.43 23 2604 8.42 77 3101 July 15, 2016 155 0.79 337 13492 5.95 77 3847 August 19, 2016 155 1.90 113 5215 8.45 9 1748 October 21, 2016 155 3.60 8 1681 11.70 12 728 472 Figure 20.1 Prices of stock options on IBM on June 30, 2016 Source: Google Finance, www.google.com/finance