Suppose your business has secured a line of credit and receives the accompanying statement of account for the month of May. The limit on your line of credit is $1000.00. You receive daily interest of 1.5% p.a. on positive balances and pay daily interest of 5% p.a. on negative (line of credit) balances. Overdraft interest is 17% p.a. on the daily amount exceeding your line of credit limit. There is a service charge of $5.00 for each transaction causing an overdraft or adding to an overdraft. Use this information to complete parts (a) through (e) bolow. Click the icon to view the statement for the month of May. May Statement Suppose your business has secured a line of credit and receives the accompanying statement of account for the month of May. The limit on your line of credit is $1000.00. You receive daily interest of 1.5% p.a. on positive balances and pay daily interest of 5% p.a. on negative (line of credit) balances. Overdraft interest is 17% p.a. on the daily amount exceeding your line of credit limit. There is a service charge of $5.00 for each transaction causing an overdraft or adding to an overdraft. Use this information to complete parts (a) through (e) bolow. Click the icon to view the statement for the month of May. May Statement