Exercise 10-5A (Algo) Caleuletions for a line of credit LO 10-2. calendar yeac. The folioning toble shows the prine toke expressed as an arnual perceltage, ailong weth the onourts boriowed and prime rate. Funds ace boerowed or reptid on fye fiest day of each nonth intest as payable in cash on the heit diay ct the moreh. The ancual interest on 583,400 for the manth of Jaruary: Recuirsd: a. Compute the empurr of nceiest that Colvon will puy oe the line of credit for the feat four moness of year 1. Note: Do not round intermediase celculetions. Round your final encwers to the netreal mhele dollac. b. Compute the amount of Colson's livolier at ipe end of each of the first fout moit is Nate: Round your final enswers so the nuarast whole dioling