The Solar Inc. has daily cash receipts of $90,000. A recent analysis of its collections indicated that customers' payments were in the mail for an average of 4 days. Once received, the payments are processed in one and a half days. After payments are deposited, it takes an average of two and a half days for these receipts to clear the banking system. If the firm's opportunity cost is 11%, would it be economically advisable for the firm to pay an annual fee of $8,000 to reduce collection float by 2 days? A. No, because it would cost $8000 to save $880, netting the company - $7, 120. B. Yes, because it would only cost $8000 to save $59, 400, netting the company $51, 400. C. Yes, because it would only cost $8000 to save $19, 800, netting the company $11, 800. D. Yes, because it would only cost $8000 to save $9, 900, netting the company $1, 900