0.88 points Murkywater Company is considering a lockbox system. Its collection delay is currently 12 days. eBook Print Reduction in maiting time = 15 day Reduction in clearing time = 15 day Reduction in firm processing time = 10 day Total = 4.0 days The following is also known Daily interest on Treasury bills = 0.025% Average number of daily payments to lockboxes = 4.000 Average size of payment = $400 References . A local bank has agreed to operate this lockbox system for a fee of $0.25 per check processed. What are the costs associated with the proposal? Multiple Choice O $2.000.000 $3,000,000 O $4,000,000 O $5,000,000 O $6.000.000