On January $1,2023,$ Jaeger Inc. entered into a futures contract

that trades on the Futures Exchange to purchase U$.$S$.$ dollars for

Canadian dollars in $30$ days. On January $15,$ the fair value of the

contract reflected the present value of the future cash flows

under the contract. Ginseng Inc. was required to deposit a

margin with the stockbroker. The company would like to update

its records on January $15.$

Contracted purchase price $-$ Canadian

$$,6,336$

Contracted purchase price $-$ U$.$S$.$

Fair value of contract, January $15$

Margin deposit