5. Assume that on Friday January 11, 2018, you established the futures positions defined in the table. Offset these positions on Tuesday January 15, 2018 at the settlement price. Calculate your gain or loss on each of these futures transactions. Table 1. Profit or Loss on Futures Positions Friday Price Commodity Position (S/unit) July 2018 wheat Short 848.5 Aug 2018 live cattle Long 95.5 May 2008 CBOT corn Short 506.25 Net Gain or Loss (S/contract) Tuesday Price ($/unit) 908.5 96.5 521.5