On Aug. 11, 2020, Joe purchased 3 futures contracts for corn at 378'2. The initial margin requirement is 10%. Over the next five days, the price of corn futures changed as follows:

Day	Price
1	377'4
2	372'0
3	368'4
4	360'2
5	365'4

• Calculate the amount of money in Joes account at the end of each day.
• If the maintenance margin amount is $5,000 will a margin call occur?
• If so, on what day?
• If so, how much will Joe be required to deposit into his margin account?