what else you need? its 3 different questions

The George Company has a policy of maintaining an end-of-month cash balance of at least $28,000. In months where a shortfall is expected, the company can draw in $1,000 increments on a line of credit it has with a local bank, at an interest rate of 12% per annum All borrowings are assumed for budgeting purposes to occur at the beginning of the month, while all loan repayments (in $1,000 increments of principal) are assumed to occur at the end of the month. Interest is paid at the end of each month. For April, an end-of- month cash balance (prior to any financing and interest expense) of $17,000 is budgeted; for May, an excess of cash collected over cash payments (prior to any interest payments and loan repayments) of $21,000 is anticipated. a. What is the interest payment estimated for April (there is no bank loan outstanding at the end of March)? (Do not round intermediate calculations.) b. What is the total financing effect (cash interest plus loan transaction) for May? (Do not round Intermediate calculations.) Estimated interest payment Total financing effect b. Easy Clean operates a chain of dry cleaners. It is experimenting with the use of a continuous Improvement (le, kaizen) budget for operating expenses. Currently, a typical location has operating expenses of $24,000 per month. Plans are in place to achieve labor and utility savings. The associated operational changes are estimated to reduce monthly operating expenses by a factor of 0.99 beginning in January. What is the estimated operating expenses for January? For June? For December? (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.) January June December Estimated operating costs It is typically beneficial for companies to take advantage of early payment discounts allowed on purchases made on credit. To see why! this is the case, determine the effective rate of interest associated with not taking advantage of the early payment discount for each of the following situations. Assume in each case that payment is made on the 30th day of the billing cycle. Required: 1. What is the opportunity cost of not taking advantage of the discount associated with purchases made under the following terms: 3.9/10, n/30? 2. What is the opportunity cost of not taking advantage of the discount associated with purchases made under the following terms: 2.9/10, n/30? 3. To motivate managers to take early payment discounts, what is the appropriate accounting treatment for purchase discounts? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the opportunity cost of not taking advantage of the discount associated with purchases made under the following terms: 3.9/10, n/307 (Do not round intermediate calculations. Enter your final answer as a whole percentage rounded to 2 decimal places (i.e., .1524 = 15.24%).) Opportunity cost Required Required 2 >