Question Completion Status: Moving to another question will save this response Question 3 of 23 Question 3 1 points Warren Co purchased a call option on Echo common shares on Jan 7, 2020 for $360. The call option is for 100 shares, and the strike price is $85 (which equals the price of an Echo share on the purchase date). The following data are available with respect to the call option Dure March 31, 2020 Market price of Echo shares 5140 Time value of call option 5200 What is the net effect of these call options on Weren Co.'s income before takes 05150 3.3 O. 0 a 35,000 De 55.000 Question of 23 s 4 9 5 6 8 Q C E R T Y 1 O P S D F G H J K L X C ? V B N M V. 98 command option