Suppose Tiger Insurance Company (TIC), a Clemson-based insurer conducting business in all 50 states, curreney uses a centrilted collection system that requires all policyholders to send their monthly, quarterly, or annual premiums to Tics ofhce in Comson se The average collection time under the current system is 20 days. On average, TiC receives 20.000 monthly premium parments which rotal A bank based in Kansas City. Missouri, is offering to create and operate a decentralized collection system for TiC by establihing fuve regional collection bank accounts at its San Francisco, Denver. Dallas, Philadelphia, and Atlanta branches. Thene locations also ueate ins alternatives for the movement of collected funds from the five concentration accounts to the master collection account other by muilines Under the decentralized system, the collection time is reduced by 10 days. What is the amount of funds released under the decentralized system? Your answer should have four decimal places. For example, for $1000, enter 1000.0000 Ould have four decimal places, For examustem? rour answer should have four decimal places, For example, for $1000, enter 10000000 Question 20 Continued from the previous question. What is the differential net benefit of the decentralized system relative to the current system? Your answer should have four decimal blaces. For examnlo fors 1nmn Suppose Tiger Insurance Company (TIC), a Clemson-based insurer conducting business in all 50 states, curreney uses a centrilted collection system that requires all policyholders to send their monthly, quarterly, or annual premiums to Tics ofhce in Comson se The average collection time under the current system is 20 days. On average, TiC receives 20.000 monthly premium parments which rotal A bank based in Kansas City. Missouri, is offering to create and operate a decentralized collection system for TiC by establihing fuve regional collection bank accounts at its San Francisco, Denver. Dallas, Philadelphia, and Atlanta branches. Thene locations also ueate ins alternatives for the movement of collected funds from the five concentration accounts to the master collection account other by muilines Under the decentralized system, the collection time is reduced by 10 days. What is the amount of funds released under the decentralized system? Your answer should have four decimal places. For example, for $1000, enter 1000.0000 Ould have four decimal places, For examustem? rour answer should have four decimal places, For example, for $1000, enter 10000000 Question 20 Continued from the previous question. What is the differential net benefit of the decentralized system relative to the current system? Your answer should have four decimal blaces. For examnlo fors 1nmn