Use the Following Information to Answer Bellow Questions

Use the following information to answer bellow Questions
A company carries an inventory of corn at cost, $500,000. The inventory has a fair value of $525,000. The company hedges the inventory's value by selling commodity futures for delivery in 60 days for $525,000. There is no margin deposit. In 30 days, at the firm's year end, the futures price for delivery in 30 days is $530,000 and the inventory's fair value increased to $532,000.
-If the firm closes its futures position at year-end, how much does it receive from/pay to the broker?

A) $7,000 received
B) $5,000 paid
C) $5,000 received
D) $7,000 paid