Consider a futures contract in which the current futures price is $82. The initial margin requirement is $5, and the maintenance margin requirement is $2. You go long 20 contracts and meet all margin calls but do not withdraw any excess 7 margins. Assume that on day 0, the contract is established at the settlement price, so there is no mark-to-market gain or loss on that day.

A. Complete the table below and provide an explanation of any funds deposited. (This question is worth 7 marks) B. Determine the price level that would trigger a margin call. Show your workings. (This question is worth 3 marks)