You buy one September futures contract when the price is $500 per unit. Each contract is on 100 units and the initial margin $3,000 with a maintenance margin of $1,500. At the end of the next day the futures price is $497.2 per unit. What is the balance of your margin account at the end of the next day?

DoNOTinclude the"$"sign in your answer. Donotputcommasin your answer. Write you answer correct totwodecimal places.