Community Bank has agreed to establish a Revolving Line of Credit for Bear, Inc. Bear has provided the following Accounts Receivable Aging report to Community Bank The RLOC is for $250,000. Community Bank has agreed to advance of current accounts and accounts less than 31 days past due plus 50% of accounts 31-60 days past due. 1. What is the amount Bear, Inc. can advance on the RLOC based on the Aging Report below? 1 b. Community Bank charges 9.00% interest based on 360 days/yr. If Bear, Ine. advances the maximum allowable amount (the amount calculated in part a) on its RLOC, and there are 29 days in the billing cycle, what will Bear, Inc.'s interest cost be for the period? Community Bank has agreed to establish a Revolving Line of Credit for Bear, Inc. Bear has provided the following Accounts Receivable Aging report to Community Bank The RLOC is for $250,000. Community Bank has agreed to advance of current accounts and accounts less than 31 days past due plus 50% of accounts 31-60 days past due. 1. What is the amount Bear, Inc. can advance on the RLOC based on the Aging Report below? 1 b. Community Bank charges 9.00% interest based on 360 days/yr. If Bear, Ine. advances the maximum allowable amount (the amount calculated in part a) on its RLOC, and there are 29 days in the billing cycle, what will Bear, Inc.'s interest cost be for the period