Calculate the profit or loss for each trade. Determine if there will be a margin call and what the account balance would be after each offsetting trade.

Maintenance margin = $100,000 (at the end of each day, you are required to have $100,000 in your account) Need the Margin Call and bottom question

		Profit/Loss	Margin Call	Account Balance
				$150,000.00
Sell 20 Chicago SRW contracts @$6.9650	Buy 20 Chicago SRW contracts @ $6.9350	($6.9650-$6.9350) = $0.03 x 20 = $0.600		$149,999.4000
Buy 20 Feeder Cattle contracts @ $229.950	Sell 20 Feeder Cattle contracts @ $231.200	($229.950-$231.200)= -$1.25 x 20 = -$25.00		$149,974.4000
Sell 33 Soybean Meal contracts @ $432.90	Buy 33 Soybean Meal contracts @ $445.00	($432.90-$445.00) = -$12.100 x 33 = -$399.30		$149,575.1000
Buy 13 Lean Hog contracts @ $88.525	Sell 13 Lean Hog contracts @ $80.800	($88.525 - $80.800) = $7.725 x 13 = $100.425		$149,474.6750
Buy 15 Live Cattle contracts @ $175.925	Sell 15 Live Cattle contracts @ $174.700	($175.825-$174.700)= $1.225 x 15 = $18.375		$149,456.3000
Sell 10 KC HRW contracts @ $8.9600	Buy 10 KC HRW contracts @ $8.8575	($8.9600 - $8.8575) = $0.1025 x 10 = $1.025		$149,455.2750
Buy 30 Corn contracts @ $5.6025	Sell 30 Corn contracts @ $5.6200	($5.6025-$5.6200)= -$0.0175 x 30 = -$0.525		$149,454.7500
Sell 25 Soybean Oil contracts @ $0.5480	Buy 25 Soybean Oil contracts @ $0.5439	($0.5480-$0.5439) = $0.0041 x 25 = $0.1025		$149,454.6475
Sell 15 Class III Milk contracts @ $18.61	Buy 15 Class III Milk contracts @ $18.64	($18.61 - $18.64)= -$0.0300 x 15 = -$0.4500		$149,454.1975
Sell 25 Soybean contracts @ $15.1900	Bought 25 Soybean contracts @ $14.9625	($15.1900 - $14.9625) = $0.2275 x 25 = $5.6875		$149,448.5100

At the completion of trading, did the speculator make money or lose money?

How much?