On 21stFeb, you sold 800 shares of Ace stock for $24,000. The sale was a short sale with an initial margin requirement of 70 percent. The maintenance margin is 40 percent. On 23rdFeb, some positive news concerning the company was released and the stock price jumped this morning to $35.00 a share until the end of the day. On 24th Feb, the stock price jumped further to $38.00 a share. Construct a statement of financial position on each date and state if margin call is received. If it is subject to margin call, construct a statement of financial position after the margin call assume that you fulfil the margin call requirement