Suppose the initial margin on heating oil futures is $12,900, the maintenance margin is $11,000 per contract, and you establish a long position of 12 contracts today, where each contract represents 40,000 gallons. Tomorrow, the contract settles down $0.05 from the previous days price. What is the maximum price decline on the contract that you can sustain without getting a margin call? (Round your answer to 3 decimal places.)

Margin call

cents per gallon