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HotFoot Shoes would like to maintain their cash account at a minimum level of $30,000, but expect the standard deviation in net daily cash flows to be $5,000, the effective annual rate on marketable securities to be 3 percent per year, and the trading cost per sale or purchase of marketable securities to be $100 per transaction. What will be their optimal cash return point? Assume 365 days in a year. Carry your calculations to 7th place after the decimal point for intermediate steps. Select one: a. $56,321.58 b. $59,765.32 C. $58,501.21 d. $55,346.98 e. $28,499.60 Of. $52,332.76