You short sell 150 shares on March 1st, 2015 at an initial margin of 62.5% using the following quoted prices:

Bid = $44.00 , Ask = $45.00

Maintenance margin is at 30%. You covered your short position on March 30th, 2015 at the price:

Bid = $54.38, Ask = $55.00

A dividend of $0.50 per share is paid on April 14th, 2015. The transaction is 50 cents per share.

Your initial margin amount deposited:

A) None of the above

B) $4,125.00

C) $6,600.00

D) $4,218.75