7 77,77 77,, 7777, 7 ,7, 7 77777777, 77' 3. Electronic Processing; a. Using the information that Charleston gathered on electronic payment processing, determine the potential staff reduction and calculate the potential annual cost savings from electronic processing of 50% of the accounts payable checks. b. If AC-US outsources bank reconciliations and/or accounts payable, what would b,e_the maximum combined savings of electronic payments and outsourcing over the next three years, including the one-time costs?(Be sure to include severance costs, using information from Table 6, in the one-time costs)