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$\text{'}$m VERY confused for this one. Isn't that supposed to be $$1,000???$