Free Spirit Industries Inc. buys most of its raw materials from a single supplier. This supplier sells to Free Spirit on terms of 4/20, net 60. The cost per period of the trade credit extended to Free Spirit, rounded to two decimal places, is assuming a 365-day year. (Note: Round all intermediate calculations to four Free Spirit's trade credit has a nominal annual cost of decimal places, and your final answer to two decimal places.) If Free Spirit Industries Inc.'s supplier shortens its discount period to five days, this will the cost of the trade credit