Use the average daily balance method to compute the finance charge on the credit card account for the month of August (31 days). The starting balance fromAugust 3 Made payment of $94 the previous month is $290. The transactions on the account for the month are August 15 Charged $130 for hiking boots given in the table to the right. Assume an annual interest rate of 17% on the account and that the billing date is August 1st. Date Transaction 18 Charged $26 for gasoline August 26 Charged $25 for restaurant meal The finance charge for the month of August is (Round to the nearest cent as needed.)