Bob purchased 100 shares of AA using maximum margin and paid the price in Row 1. He did not issue a stop order to sell. If the broker charges 6% per annum on money borrowed, what is the Total Liabilities value for the account at the date for Row 2?

Assume the margin is 60 percent. The first row on the listing shows the date of purchase and the second row shows the listing three months later. There was one dividend payment.

Row	Symbol	Close	Net Chg	Volume	52 weekhigh	52 weeklow	Div	Yield	YTD% Chg
1	AA	50	+2.00	403,200	56.00	37.29	2.00	4	5.0
2	AA	40	+2.00	403,200	56.00	37.29	2.00	4