Use the following table of futures market data dated Sept. 21, 2018 to answer questions 1 and 2 below:

	OPEN	HIGH	LOW	SETTLE
Crude Oil 1,000 barrels; Dollars per barrel
Feb 2019	89.99	90.09	89.92	90.02
Mar 2019	90.79	90.90	90.75	90.81
Apr 2019	91.44	91.48	91.43	91.42
May 2019	91.58	91.96	91.03	91.72
Live Cattle 40,000 pounds; Cents per pound
Feb 2019	105.675	106.15	105.675	106.075
Apr 2019	109.475	109.85	109.475	109.700
Jun 2019	107.100	107.40	107.100	107.400

1. Suppose you buy eighty April 2019 live crude oil futures contracts on September 21, 2018 at the settle price of the day.

a) What will your total profit or loss be if crude oil prices turn out to be $93.00 per barrel at expiration?

b) What if crude oil prices are $89.75 per barrel at expiration?