The information from the box on the previous page is repeated below for your convenience. ean Live's credit card biling cyclebegins on ldy ie Hehasprevious balnce oft $230 50 On July 17Jeane Luc purchases food for his lionfish Livingsto for $12:00 using the card a on July 23 Jcan Luc pays the credit card company $150.00 on Augustz eane ic uses his creditcard o buya $56.00 ticket to atend a night of Stakespeare and aiinof ca ren ea Tein Lic pays another $5o.oa to ne credircard company o AugustThebilling cycle Guidebook 1i.Average-Daily-Balance Method WITHOUT New Purchases Ch7 Supp EsSTEPI How many days are in the billing cycle? Number of Days - TEP 2: Listed below is each end of day balance. Aug 17 $230.50 Aug 25 $230.50 Sept 2 $80.50 Sept 10 $80.50 Aug 18 $230.50 Aug 26 $239.50 Sept 3 $80.50 Sept 11$80.50 Aug 19 $230.50 Aug 27 $80.50 Sept 4 $80.50 Sept 12 $80.50 Aug 20 $230.50 Aug 28 $80.50 Sept 5 $80.50 Sept 13 $30.50 Aug 21 $230.50 Aug 29 $80.50 Sept 6 $80.50 Sept 14 $30.50 Aug 22 $230.50 Aug 30 $8050 Sept 7 58050 Sept 15 $30.50 Aug 23 $230.50 Aug 31 $80.50 Sept 8 $89.50 Sept 16 $30.50 Aug 24 $230.50 Sept I $80.50 Sept 9 $80.50 STEP 3: Sum of Daily Balance". STEP 4: Average Daily Balance Guidebook 12.Two-Cycle-Balance (Double-Cycle-Balance) Method WITH New Purchases: Ch7 Supp+ wo-Cycle Balance = harges Finance Charge Guidebook 13. Which method (items 8-12) has the lowest finance charge? Ch7 Supp. rges