You believe that Rose, Inc., stock is going to fall and youve decided to sell 1,000 shares short. If the current share price is $66, construct the equity account balance sheet for this trade. Assume the initial margin is 100 percent.

(Fill in blanks)

Assets		Liabilities and account equity
Proceeds from Sale	$____	Short Position	$____
Initial Margin deposit	____	Account Equity	____
Total	$____	Total	$____