On Dec. 8, Sheffield Company discounted at Sunshine Bank a $7,500 (maturity value), 136-day note dated Sept. 2. Sunshine's discount rate was 8%. (Use Days in a year table.) What proceeds did Sheffield Company receive? (Use 360 days a year. Do not round intermediate calculations.) Proceeds received 7-1 Exact days-in-a-year calendar (excluding leap year) TABLE 30 30 30 31 28 31 31 31 31 30 31 31 Day of Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. month 182 1 1 32 60 91 121 152 213 244 274 305 335 2 2 33 61 92 122 153 183 214 245 275 306 336 3 3 34 62 93 123 154 184 215 246 276 307 337 35 124 155 63 94 185 216 247 277 308 338 36 95 278 5 64 125 156 186 217 248 309 339 6 37 65 96 126 157 187 218 249 279 310 340 7 7 38 66 97 127 158 188 219 250 280 311 341 39 128 189 220 8 67 98 159 251 281 312 342 C C 40 68 99 129 160 190 221 252 282 313 343 10 10 41 69 100 130 161 191 222 253 283 314 344 70 223 254 11 11 42 101 131 162 192 284 315 345 12 12 43 71 102 132 163 193 224 255 285 316 346 13 13 44 72 103 133 164 194 225 256 286 317 347 45 73 134 318 14 14 104 165 195 226 257 287 348 74 15 46 105 227 15 135 166 196 258 288 319 349 16 16 47 75 106 136 167 197 228 259 289 320 350 17 17 48 76 107 137 168 198 229 260 290 321 351 49 138 169 18 18 77 108 199 230 261 291 322 352 19 19 50 78 109 139 170 200 231 262 292 323 353 20 20 51 79 110 140 171 201 232 263 293 324 354 21 52 21 80 111 141 172 202 233 264 294 325 355 22 22 53 81 112 142 173 203 234 265 295 326 356 23 23 54 82 113 143 174 204 235 266 296 327 357 24 236 267 328 24 55 83 114 144 175 205 297 358 25 25 56 84 115 145 176 206 237 268 298 329 359 26 26 57 85 116 146 177 207 238 269 299 330 360 27 27 58 86 117 147 178 208 239 270 300 331 361 28 59 118 179 28 87 148 209 240 271 301 332 362 29 29 88 119 149 180 210 241 272 302 333 363 30 30 89 120 150 181 211 242 273 303 334 364 31 31 90 151 212 243 304 365 Often referred to as a Jullan calendar. st LC LC N