On March 8, 2017 corn futures for Dec 2017 have settled at $3.9275/bu. Forward basis for October offered by your local grain elevator is -$0.35/bu, and that corresponds to the 3-year average basis for October. On October 16, 2017, corn futures have settled at $3.5075, and basis was $0.10 lower than expected. What will be your net realized selling price if you have:

a) Entered into a basis contract on March 8, 2017?

b) Entered into a forward contract on March 8, 2017?

c) Did no hedging, and just sold corn on the cash market on October 16, 2017?

d) Sold a futures contract on March 8, 2017 and closed the futures position on October 16, 2017 and sold corn at the cash market on the same day?