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Assume that you have identified three different stocks that you would like to purchase. You decide to buy 100 shares of each oce Stock A

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Assume that you have identified three different stocks that you would like to purchase. You decide to buy 100 shares of each oce Stock A is priced at $30: Stock B is priced at $40, and Stock Cis priced at $50. Assuming you deposit $7.200 of your own money and borrow the remainder, construct the equity account balance sheet for this trade. If the maintenance margin 30 percent, at what portfolio value would a margin call result? (Round your answer to 2 decimal places

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