PLEASE ONLY NEED ANSWER TO PART B:

1. Given a 10% initial margin and an 80% maintenance margin, complete the following mark-to-market table. Assume that you remove any excess funds that are eligible for removal. Make sure to indicate what your initial and maintenance margins are for this trade.
   1. (4)*(100,000)*(100.75%)*(0.10) = $40,300
   2. 40,300*.80 = 32,240

Day	Futures Price	Daily Gain/Loss	Cumulative Gain/Loss	Margin Account Balance	Maintenance Margin = $__32,240_______ (indicate any deposits or withdrawals here)
Initial	100-24	N/A	N/A	$40,300	N/A
Mar 16	101-28	-1125	-1125	$39,175	N/A
Mar 17	98-10	3562.5	2437.50	$42,737.50	N/A
Mar 18	97-24	562.5	3000	$43,300	N/A
Mar 19	102-00	-4250	-1250	$39,050	N/A
Mar 20	103-16	-1500	-2750	$37,550	N/A

2. If you wanted to take your profit or loss at the end of March 20^th, what specific steps would you take to exit the market?