Barble industries has budgeted the following information for Januery It is important for the company to maintain the desired ending cash baiance indicated in the chart above. if there is excess cosh above the desired ending balance, the company uses the excess amount to pay down its debt. The interest rate is 2.50% per month and is paid at the end of month, based on the debt balance at the beginning of the month. The company had no debt before Jonuary 15t. The amount of Interest pold in february would be Multiple Choice 5178 $250 5710 50 32,500