Saved D Account B C C D E F G H Receivable Balance Outstanding $ 60,000 120,000 70,000 20,000 50,000 220,000 30,000 380,880 40,000 90,000 210,000 60,000 Average Age of the Account Over the Last Year 28 43 10 52 42 34 16 65 33 50 14 35 Capital Financial Corporation will lend 90 percent against account balances that have averaged 30 days or less, 80 percent for account balances between 31 and 40 days, and 70 percent for account balances between 41 and 45 days. Customers that take over 45 days to pay their bills are not considered acceptable accounts for a loan The current prime rate is 8.50 percent and Capital charges 3.50 percent over prime to Charming as its annual loan rate a. Determine the maximum loan for which Charming Paper Company could qualify, Maximum loan amount b. Determine how much one month's Interest expense would be on the loan balance determined in part a. (Do not round Intermediate