Use the following corn futures quotes:

a$.$ How many of the September contracts are currently open?

Contracts

b$.$ How many of these contracts should you sell if you wish to deliver $120,000$ bushels of corn in September?

Contracts

c$.$ If you actually make delivery, how much will you receive? Assume you locked in the settle price.

Note: Do not round intermediate calculations. Round your answer to the nearest whole number.

Price