Dynamic Corporation has an existing loan in the amount of $3.7 million with an annual interest rate of 5.3%. The company provides an internal company-prepared nancial statement to the bank under the loan agreement. Two competing banks have offered to replace Dynamic Corporation's existing loan agreement with a new one. Big Top Bank has offered to loan Dynamic $3.7 million at a rate of 4.4% but requires Dynamic to provide nancial statements that have been reviewed by a CPA rm. Green Back Bank has offered to loan Dynamic $3.7 million at a rate of 3.1% but requires Dynamic to provide nancial statements that have been audited by a CPA rm. Dynamic Corporation's controller approached a CPA rm and was given an estimated cost of $30,000 to perform a review and $40,000 to perform an audit. Begin by calculating the annual costs under each loan agreement. (Enter a "0" for any zero balances.) CPA Cost of CPA Annual Annual Lender Service Services Interest Loan Cost Existing ioan None $ 0 E : Big Top Bank Review I:: Green Back Bank Audit ES