The table shows the behavior of a futures contract on Australian dollars (A$). Suppose you entered into the futures contract to buy A$100,000 (Contract size = A$100,000) at $0.7078/A$ on November 8, 2018. The initial performance bond is $1,375 and the maintenance level is $1,250.

a. Fill the columns below based on the price history of this contract. Please show your calculations below

Date Settlement price (S/AS) 1 Gain Loss (S) Balance (5) 11/08/18 0.7078 1,375 11/09/18 0.7103 11/12/18 0.7063 11/13/18 0.7124 11/14/18 0.7119 11/15/18 0.7107 11/16/18 0.7131