Juno, Inc, sells 50 units a month at a price of $1,250 under a cash only credit policy. If the firm implements a net 30-day policy, sales are expected to increase by 10%. The variable cost per unit is $750 and the monthly required rate of return is 2%. What is the cost of switching credit policies? Multiple Choice $66,250 $62,500 $65,500 $58,750 $63,375