The CEO of Micro Technology, Inc.MU is in the middle of an earnings call, and you think they sound nervous and disorganized. MU is currently trading at $53.51/share. You enter a 1 month long put on MU for $2.25 per share, with a strike price of $50.50. Assume a 2.5% interest rate per annum. a) Draw a payoff and profit diagram of this position. Indicate your breakeven point. b) By the end of your contract, MU is trading at $49.42. What is your total profit or loss?