The Saban Corporation is trying to decide whether to switch to a bank that will accommodate electronic funds transfers from Saban's customers. Saban's financial compensating balance of $30,000, whereas its present bank believes the new system would decrease its collection float by as much as 5 days. The new bank would require a Assume the compensating balance at the new bank will be deposited in a non-interest-earning account ) As a result of using the electronic funds transfer system, the amount of collection float freed up by the loan is s The amount that is immediately available to Saban Corporation after seting aside the compensating balance is s Saban should switch banks. (Stlect from the drop-down menu) a t Saban's average datycollect ons are S 10 000, and it can earn 8 0% on its short-term investments Should Saban make the switch? (Round to the nearest dollar) (Round to the nearest dollar ) switch not switch Enter your ansuu