Chris Angle can borrow from its bank at 18 percent to take a cash discount. The terms of the cash discount are 25/19 net 75 a. Compute the cost of not taking the cash discount (Use 365 days in a year. Round intermediate calculations to 4 decimal places. Round the final answer to 2 decimal places.) Cost of not taking a cash discount 1% b. Should Chris borrow the funds? O Yes No