You have opened a futures account with a cash deposit of $10,000.00. You decide to sell 8 October contracts of bean meal at 305.4. Contract specs are as follows: CONTRACT UNIT 100 TONS QUOTE UNITS US$ AND TOAL CENTS/TON TIC SIZE 0.10/TON = $10.00 CONTRACT MOS. Jan, Mar, May, Jul, Sep, Oct, Dec INITIAL MAINT MARGIN MARGIN $1,122/ $1,020/ CONTRACT CONTRACT If soybean oil drops $.10, what is the equity of the account when marked-to-market?