Need help asap pls

Contract Size: 27,500 Board Feet

Price: $.$$ Per 1,000 Board Feet

Initial Margin is $3,000/contract, maintenance margin is $1,350/contract

Current spot price (Feb. 2023): 520/1,000 board feet

Question 1: Your company receives lumber delivery of 1,000,000 board feet every other month, beginning in January.

Suppose that you will completely hedge (or as near as possible without going over) the May delivery using futures contracts. Using the data found in the Excel workbook (sheet: Q1) calculate the daily and cumulative gain/loss and the total amount in the margin account each day for the next ten days. Assume you use the minimum allowable margin when opening your position. The futures price on day 0 will be the price at which you will open your position. Settlement is daily. Any excess margin will be left in the margin account. No interest is earned.