Four days ago you entered into a futures contract to sell €125,000 at $1.41 per euro. The spot exchange rate when you entered the contract was $1.37. Your initial performance bond was $7,300 and your...

Four days ago you entered into a futures contract to sell €125,000 at $1.41 per euro. The spot exchange rate when you entered the contract was $1.37. Your initial performance bond was $7,300 and your maintenance level was $2,900. Over the past four days (in order) the contract has settled at $1.42, $1.41, $1.45, and $1.43. What should your performance account balance be at the end of the four days? (Assume you do not withdraw excess funds and only add funds if required).
(Please choose the correct answer option from the options given below).

Answer Options:

A. $4,800

B. $2,500

C. $11,050

D. $1,250

E. $14,800

F. $9,800