You sell short 100 shares of stock at a price of $100 per share with an initial margin of 60 percent and maintenance margin of 25 percent. Show this in a T balance sheet format, and calculate your margin.

Price = 100
Credit for short sale Cash Deposit =	Liability: Market Value of short sale Equity =
Total Assets =	Liabilities + Equity=

If the price falls to $90 per share, show this in a T balance sheet format, and calculate your margin.

Price = 90
Credit for short sale = Cash Deposit =	Liability: Equity =
Total Assets	Liabilities + Equity =

Margin =