It is April, and you plan to sell wheat to your local elevator in mid$-$June, but you are worried that the wheat price may fall in June. Therefore, you decide to hedge in the Futures market and sell a futures contract. The July Wheat futures price is $$6\mathrm{.}00$ per bushel, and the cash price in your area in mid$-$April is normally about $$0\mathrm{.}30$ below the July futures price. Suppose by June, the futures price falls by $$0\mathrm{.}50.$ So$,$ the July futures price in June is $$5\mathrm{.}50.$ Based on the above information fill out the tables below and answer the questions that follow. Assume that the mid$-$June local price is $$0\mathrm{.}40$ below the July Wheat future price.