Final answer:
The elastic potential energy stored in the spring is 70 J.
Step-by-step explanation:
To calculate the elastic potential energy stored in the spring, we can use the formula:
PE = (1/2)kx^2
where PE is the elastic potential energy, k is the force constant of the spring, and x is the displacement of the spring from its relaxed length.
In this case, the force constant is 35 N/m and the displacement is 3.5 m - 1.5 m = 2 m.
Using these values, we can calculate:
PE = (1/2)(35 N/m)(2 m)^2 = 70 J
Therefore, the elastic potential energy stored in the spring is 70 J.