Lipto Biomedic has credit sales of $740,000 yearly with credit terms of net 60 days, with an average collection period of 75 days. Lipto does not offer a discount for early payment. (Use 365 days in a year.) a-1. What is the average receivables balance? (Do not round intermediate calculations. Round the final answer to nearest whole dollar.) Accounts receivable balance 6-2. What is the receivables turnover? (Round the final answer to 2 decimal places.) Accounts receivable turnover b. If Lipto offered a 3 percent discount for payment in 10 days and every customer took advantage of the new terms and paid on the tenth day, what would the new average receivables balance be? Use the full sales of $740,000 for your calculation of receivables. (Do not round intermediate calculations. Round the final answer to nearest whole dollar.) New receivable balance c-1. If Lipto reduces its bank loans, which cost 8 percent, by the cash generated from reduced receivables, what will be the net gain or loss to the firm? (Do not round intermediate calculations. Round the final answer to nearest whole dollar. Negative answers should be indicated by a minus sign.) Net change c-2. Should Lipto Biomedic offer the discount?