Problem 4 At the end of one day, a clearing house member is long 100 contracts and the settlement price is $50,000 per contract. The original (initial) margin is $2,000 per contract. On the following day, the member becomes responsible for clearing an additional 20 long contracts. These were entered into at a price of $51,000 per contract. The settlement price at the end of this day is $50, 200. How much does the member have to add to its margin account with the exchange clearinghouse