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You have a short position in one wheat futures contract for 5,000 bushels. The initial margin was $3,000 and the maintenance margin is $1,500. At

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You have a short position in one wheat futures contract for 5,000 bushels. The initial margin was $3,000 and the maintenance margin is $1,500. At the close of trading yesterday, the futures price was $7.56 per bushel and the balance in your margin account was $1,750. Today, the settlement price for wheat futures is $7.66. What is the balance in your account at the end of today's trading? Assume that you made the minimum deposit necessary if there was a margin call The balance in your account at the end of today's trading is $ (Round to the nearest dollar as needed.)

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