28 (1 point) You have a long position in one corn futures contract. Each futures contract calls for the delivery of 5,000 bushels of No. 10 corn. The initial margin was $5,000 and the maintenance margin is $2,400. At the close of trading yesterday, the futures price was $5.00 per bushel and the balance in your margin account was $4,000 Today, the settlement price for corn futures is $4.50. What is the balance in your account at the end of today's trading? Assume that you made the minimum deposit necessary if there was a margin call. 1) $1,500 2) $2,400 3) $5,000 4) $3,250