1. You have gone long 4 September CPO future contracts. The future price is now K1,800 per ton. Assuming counterparty has the same total value, determine the daily making-to-market adjustment to both accounts and the balance on the 5th day. Contract size = 25 tons Initial margin = 10% of total value Maintenance Margin = 70% of initial margin. Day Gain/Loss Beginning balance Funds deposited Price changes Ending Balance 0 1 2 Futures Price 1800 1820 1790 1770 1800 1810 3 4 5