Murkywater Company is considering a lockbox system. Its collection delay is currentiy 12 doys - Reduction in mating time =1.5 day - Reduction in clearing time =1.5 day - Reduction in firm processing time =1.0 day - Total =4.0 days The following is also known. - Daty interest on Treasury bilis =0.025% - Average number of dally payments to lockboxes =4,000 - Average size of payment =$400 A local bank has agreed to operate this lockbox system for o fee of $0.25 per check processed What a Multiple Choice $2000,000 $3,000.000 $4,000000 $5000,000 56.000000