nt - Con... b Answered: Complete the following with gnment Saved Help Robinson's, an electrical supply company, sold $5,000 of equipment to Jim Coates Wiring, Inc. Coates signed a promissory note May 12 with 4.8% interest. The due date was August 10. Short of funds, Robinson's contacted Capital One Bank on July 20; the bank agreed to take over the note at a 6.5% discount. (Use Days in a year table.) What proceeds will Robinson's receive? (Use 360 days a year. Do not round intermediate calculations. Round your final answer to the nearest cent.) Proceeds received ces