Today, You Are Buying a One-Year Call on Piper Sons

Today, you are buying a one-year call on Piper Sons stock with a strike price of $27.50 per share and a one-year risk-free asset which pays 3.5 percent interest. The cost of the call is $1.40 per share and the amount invested in the risk-free asset is $26.57. How much total profit will you earn on these purchases if the stock has a market price of $29 one year from now?

A) $0.10
B) $0.85
C) $1.03
D) $1.11
E) $1.17