3. The following list describes trades by a given individual in March Silver futures contract. Each contract size is 5000 troy ounces. Jan. 31: trade 1: open 2 short position @ futures price $27.055 trade 2: open 3 short positions @ futures price $28.350 Feb. 1: trade 1: close 1 position @ futures price $28.460 trade 2: open 1 short position @ futures price $28.335 trade 3: close 2 position @ futures price $ 29.575 Feb. 2: trade 1: close 2 position @ futures price $28.750 trade 2: open 3 short position @ futures price $26.875 Open Jan. 31 27.055 Feb. 1 28.425 Feb. 2 28.650 High 29.223 30.350 29.023 Low 27.055 28.155 26.355 Settlement 28.820 29.418 26.780 Based on the price information in the table above, calculate the daily gain/loss to the trader's margin account due to marking to market for Jan. 31, Feb. 1and Feb. 2. (7 points)