Let's assume we have speculators who hear about drought damage to the nation's com crop and decide they want to trade com futures. A broker is contacted, the necessary forms are completed, and a speculator is told the margin requirement for a 5,000 bushel com contract is on the CBOT are $1.200 initial and $800 maintenance per contract (1) Our speculator puts in an order to go long a5,000-bushel contract of December corn futures at $3.50, and the order to go long at $3.50 is filled on July 2 (2) Our speculator puts in an order to go short the same December com futures at $3.90 on July 27, and the order to go short of $3.90 is filled in the same day, Please fill in the last two columns of the following table, 8800MAC Price Date Margin Action Balance (S) (Smer.hu 2-Jul $3.50 1200 3-Jul $3.45 950 4-Jul Holiday 5-Jul $3.33 850 call 1200 6-Jul $3.26 850 9-Jul $3.30 1050 10-Jul $3.35 1300 11-Jul $3.40 15.50 12-Jul $3.20 650 call 1200 13-Jul $3.10 500 cull 1200 16-Jul $3.18 1600 17-Jul $3.35 2450 18-Jul $3.42 2800 19-Jul $3.56 3500 20-Jul $3.67 41050 23-Jul $3.80 4700 24-Jul $3.95 5450 25-Jul $3.98 5600 4950 26-Jul $3.85 5200 27-Jul $3.90 To make sure that you get the right answer. Please use two different ways to answer the following question: (1) Calculate his gain/loss by using his margin action and account balance. (2) Calculate his gain/loss by looking at the com prices