including t- account

5) Suppose you are BEARISH on ABC stock and it is currently selling for $50.00 per share. You tell your broker to sell short $1,000 shares. Also, suppose your broker has a 40% margin requirement on short sales. a) How much money must you have to serve as margin on the short sale? b) Your initial balance would look like: (be sure to use a t-account) c) Your initial Margin would look like? d) Now suppose the stock price increases to $55.00 per share. What does your account look like? (be sure to use a t-account) e) Now suppose you are concerned about a Margin Call! If you need to maintain a 50% maintenance margin, above what price would you receive a Margin Call