The initial margin requirement for a futures contract is $6,850 per contract, while the maintenance margin requirement is $4,615 per contract. If the account's equity is $7,110 per contract, what can we conclude about the margin status of the account?

Question 1 options:

	There will be a margin call since the account's equity exceeds the initial margin requirement.
	If the account's equity is brought to below the initial margin requirement, the margin call can be avoided.
	There will be a margin call since the account's equity exceeds the maintenance margin requirement.
	The account can still get into one additional futures contract.