leon Light Company of Kansas City ships lamps and lighting appliances throughout the country. Ms. Neon has determined that hrough the establishment of local collection centers around the country, she can speed up the collection of payments by two days. Furthermore, the cash management department of her bank has indicated to her that she can defer her payments on her accounts by one-half day without affecting suppliers. The bank has a remote disbursement center in Flonda. 0. If Neon Light Company has $2.20 million per day in collections and $1.04millon per day in disbursements, how many dollars will the cash management system free up? (Enter your answer in dollars not in millions (e.9,$1,234,567) ) 1. In Neon ught compafy canfean 7 pefcent pet annum on freed-up funds now much wi the ncome be? (Enter your onswer in dollors not in millions (e.9.,\$1,234,567)