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Old Economy Traders opened an account to short-sell 1,400 shares of Internet Dreams at $48 per share. The initial margin requirement was 50%. (The margin

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Old Economy Traders opened an account to short-sell 1,400 shares of Internet Dreams at $48 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 $48 to $62, and the stock has paid a dividend of $4.00 per share. a. What is the remaining margin in the account? (Round your answer to the nearest whole dollar.) Remaining margin

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