please do it in 10 minutes will upvote

5. Answer all parts of this question. (a) The current price of gold is $500 per ounce. Assume that you initiate a short position in 10 gold futures contracts at this price on June 10th. The initial margin is 100$ and the maintenance margin is 85$. Given that the evolution of gold prices Question 5 continues.../ Page 4 of 9 ..../Question 5 continued over the next five days is 475$, 510$, 515$, 530$ and 490$ respectively, compute the margin account assuming that you meet all margin calls. (Construct a table that explains what cash flows occur at the end of each day for the short position is taken). (10 marks)