Evelina's credit card statement showed these transactions during December (Assume 1 month between billing dates). December 1 December 12 December 18 December 27 Previous balance Purchase Purchase Payment $986.50 S125.50 $620.00 S400.00 Remember that December has 31 days. The interest rate is 1.4% per month on the average daily balance. Date Status days Balance Balance days Dec. 1 Prev. bal. 986.50 Dec. 12 Purchase $125.50 Dec. 18 Purchase $620.00 Dec. 27 Payment $400.00 Dec. 31 26. Find the average daily balance. 27. Find the finance charge for the month. 28. Find the new balance on January 1