3.34 Points Beta Bank has offered you a cash management system which will reduce the collection time for your company's daily receipts by 3 days. This service will cost you $16,000 per year. Currently short term money market rate (your opportunity cost) is 6%. You are forecasting annual credit sales of $46,355,000 million. a. Calculate the daily sales value 1pt Calculate the amount of freed up cash 1pt b. Calculate the annual benefit from the freed up cash before the bank's fee 2 pts c. Calculate the net benefit of the proposal 1pt d. Would you take the deal or not? 2pts. 1.