Help SE North Woods Company has a line of credit with Olympia State Bank, North Woods agreed to pay interest at an annual rate equal to above the bank's prime rate. Funds are borrowed or repaid on the first day of each month and interest is paid in cash on the last day of each month Borowing is shown as a positive amount and repayments are shown as negative amounts indicated by parentheses. Activity to date is given as follows: Month January February Mareh Ant. Borroved (Repaid) $ 53,000 84,000 (53,000) Prime Rate for the Month 78 40 What is the amount of interest paid at the end of March? (Do not round your intermediate calculations) Multiple Choice $490.00 542000 O $442.00 o 5210.00