Carbondale Company has the following credit policy 2/10, net 30. Carbondale also charges 1% per month interest on all accounts after 30 days. The following table shows the collection schedule of all sales:

Collection within	10 days	30 days	60 days	90 days
Percentage	10%	30%	40%	20%

To improve the collection rate, Carbondale is thinking of imposing a higher interest rate, 1.5% per month, on all accounts paid after 30 days. Carbondale believes that the new policy will change the collection schedule as follows:

Collection within	10 days	30 days	60 days	90 days
Percentage	10%	50%	30%	10%

There will be no change in the total sales as a result of this new policy. The cost of capital for Carbondale is 12%. Should it try the new policy?