What is the net annual cost of the following chequing accounts? a Monthly fee. $4.30, processing fee, 35 cents per cheque, cheques written, an average of 3 a month $1.05 per debit transaction over the 20 debit transactions per month free with an average of 60 per month made. (Round your final answer to 2 decimal places. Omit the "S" sign in your response.) Annual cost b. Interest earnings of 6 percent with a $500 minimum balance; average monthly balance $700, monthly service charge of $14 for falling below the minimum balance, which occurs three times a year (no interest earned in these months). (Round your final answer to 2 decimal places. Omit the "S" sign in your response.) Net cost