Determine the form of the argument and determine whether the argument is valid. If a movie is exciting, then it will gross a lot of money. This movie grossed a lot of money. Therefore, it is ________.

1) exciting
2) boring
3) unknown
4) cannot be determined

The form of the argument is a deductive argument with a conditional statement. The argument is valid because it follows the pattern of Modus Ponens:

P1: If A, then B.
P2: A.
C: Therefore, B.

Thus, the answer is 1) exciting.