Grapevine Ltds Accounts payables amounts to $50,000 and they have just renegotiated their credit terms with the supplier. The credit terms being offered are 3/10 net 60. The company however does not have sufficient cash on hand to take advantage of the discount and is trying to borrow the funds. Grapevine can borrow the funds from one of two banks. Scotia Bank will loan the funds for 30 days at a cost of $400 while TD Bank offers a discounted loan for 30 days at a cost of $500. Required: Advise Grapevine Ltd. on what action they should take. (Use 4 decimal places and show all calculations) (12 marks)