The Savings Bank of Sarasota has three revenue-generating departments: Checking Accounts, Savings Accounts, and Loans. The bank also has three service areas: Administration, Personnel, and Accounting. The direct costs per month and the interdepartmental service structure are as follows: Percentage of Service Used by Dept. Costs Admin. Person. Acct. Check. Savings Loans Administration Personnel $43,000 10 10 40 20 20 23,000 10 10 20 20 40 Accounting 30,000 10 10 20 20 40 Checking 41,000 Savings 25,000 Loans 16,000 The Savings Bank of Sarasota uses the sequential (step) method, and the service departments are allocated in the following order: Administration, Personnel, and Accounting. How much cost would be allocated to the loan area from the Personnel Department using the sequential (step) method? (Round to two decimal places if necessary.) Oa. $11,666.67 Ob. $12,133.33 Oc. $6,000.00 Od. $12,000.00