Use the following information from an account analysis statement to answer the following questions. Collected balanceService chargesReserve Requirement ratio of $10\%$ Days in the month $=30$ days Earnings Credit Rate $=0\mathrm{.}60\%$ A$.$ Calvulate the monthly earnings credit allowance and the new service charges B$.$ Solve for the collected bakances required and interpret the value C$.$ Suppose that the earnings credit rate is re$-$negotiated upward to $0\mathrm{.}75$ percent. Recalculate the earnings credit allowance, net service charges, and collected balance required.