Suppose your business has secured a line of credit and receives the accompanying statement of account for the month of December the limit on your line of credit is $100000 You receive daily interest of 19% p.a. on positive balances and pay daily interest of 7% pa on negative (line of credit) balances Overdraft interest is 19% pa on the daily amount exceeding your ine of credit limit. There is a service charge of $500 for each transaction causing an overdraft or adding to an overdraft. Use this information to complete parts (a) through (e) below. Click the icon to view the statement for the month of December (a) Calculate the amount of interest earned Total interest eamed as {Round the final answer to the nearest cent as needed Round all intermediate values to six decimal places as needed (b) Calculate the amount of interest charged on the ine of credit Total line of credit interest charged (Round the final answer to the nearest cant as needed Round all intermediate values to six decimal places as needed) (c) Calculate the amount of interest charged on overdrats Overdraft interest - $ (Round the final answer to the nearest cent as needed. Round all intermediate values to decimal places as needed Enter your answer cach of the ser boxes X December Statement Deposit Withdrawal Balance Date Transaction Description Balance Cheque 263 Cheque 264 Deposit Cheque 265 Cheque 266 December 2 9 12 18 24 29 31 425.00 258.00 1711.00 - 501.18 - 926.18 - 1184.18 526.82 409.82 245.82 ? 117.00 164.00 Print Done