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Robinson's, an electrical supply company, sold $4,800 of equipment to Jim Coates Wiring, Inc. Coates signed a promissory note May 12 with 4.5% 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 6.2% 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 TABLE 7-1 Exact days-to-a-year calendar (excluding leap year) 31 Day of month 31 Jan. 28 Feb. 31 Mar 30 Apr. 30 June May 31 July 31 Aug 30 Sept. 31 Oct 30 Nov. 31 Dec. 32 60 91 121 152 274 1 2 305 335 2 244 245 92 122 182 183 184 153 275 306 3 3 123 154 33 34 35 36 37 93 94 213 214 215 216 217 246 247 276 277 307 308 336 337 308 63 124 155 185 5 278 309 95 96 156 157 186 187 65 6 7 125 126 127 OUT 310 %988S 8 248 249 250 218 219 279 280 339 340 321 38 97 159 188 311 00 8 B 39 98 129 251 159 160 189 190 220 221 281 282 342 343 9 9 40 68 99 129 10 10 69 41 42 43 130 131 100 101 102 11 191 192 11 12 161 162 163 312 313 314 315 316 252 253 254 255 256 257 283 284 285 222 223 224 225 226 132 193 12 13 344 345 346 347 1318 13 44 103 104 133 134 164 165 286 287 14 14 45 73 15 46 15 16 17 16 17 74 75 76 47 48 TOS 106 107 10B 109 194 195 196 197 198 199 200 317 318 319 320 321 166 167 168 169 170 227 228 229 230 231 350 351 18 49 18 19 77 78 135 136 137 138 139 140 141 142 143 100 258 259 260 261 262 253 264 265 110 1741 20 21 22 20 21 22 352 353 354 355 356 50 51 52 50 56 55 56 52 112 79 80 81 32 33 84 85 23 232 233 234 235 235 237 23 24 25 288 289 290 291 292 293 294 295 206 297 299 290 300 300 300 30 172 173 174 175 175 201 202 203 204 205 205 207 208 113 114 11 372 373 324 325 326 32 338 329 350 35 332 30 357 358 359 360 25 25 140 21 26 27 17 17 260 267 269 269 270 27 212 273 27 35 59 200 116 117 115 119 120 362 23 29 30 28 29 87 88 39 179 130 210 220 240 22 242 22 169 19 15 30 90 3 21 ce