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You believe the price of Freeze Frame Company stock is going to fall, so you short 5 5 0 shares at a price of $

You believe the price of Freeze Frame Company stock is going to fall, so you short 550 shares at a price of $81. The initial margin is 60 percent. Ignore dividends.
a. Construct the equity balance sheet for the original trade.
Note: Input all amounts as positive values.
\table[[Assets],[Proceeds from sale,Short position,],[Initial margin deposit,Account equity,],[Total,Total,]]
b-1. Construct equity balance sheets for a stock price of $72 per share. Note: Input all amounts as positive values.
\table[[Assets,Liabilities and account equity],[Proceeds from sale,Short position],[Initial margin deposit,Account equity],[Total,Total]]
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