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An investor enters into a short position in a gold futures contract with the following characteristics: The initial margin is $ 3 , 0 0

An investor enters into a short position in a gold futures contract with the following characteristics:
The initial margin is $3,000.
The maintenance margin is $2,250.
The contract price is $1,300.
Each contract controls 100 troy ounces.
If the price drops to $1,295 at the end of the first day and $1,290 at the end of the second day, which of the following is closest to the variation margin required at the end of the second day?
A. $0
B. $250
C. $500
D. $1,000
I'm VERY confused for this one. Isn't that supposed to be $1,000???
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