1. Consider a futures contract in which the current futures price is $82. The initial margin is $5 and the maintenance margin is $2. You go long 20 contracts and meet all margin calls but do not withdraw any excess margin

Assume that on the first day, the contract is established at the settlement price, so there is no mark to market gain or loss on that day

1. Complete the table below and provide an explanation of any funds deposited

Day	Beginning Balance	Funds Deposited	Settlement Price	Futures Price Change	Gain or Loss	Ending Balance
0			82
1			84
2			78
3			73
4			79
5			82
6			84

2. Compute the total gain or loss