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Old Economy Traders opened an account to short - sell 1 , 0 0 0 shares of Internet Dreams at $ 1 1 5 per

Old Economy Traders opened an account to short-sell 1,000 shares of Internet Dreams at $115 per share. The initial margin requirement was 50%.(The margin account pays no interest) A year later, the price of Internet Dreams has risen from $115 to $124 and the stock has paid a dividend of $19.00 per share.
Required:
a. What is the remaining margin in the account?
\table[[Remaining margin,$29,300
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