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Word Problem 11-14 [LU 11-2 (1)] Ron Prentice bought goods from Shely Katz. On March 12, Shelly gave Ron a time extension on his bill

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Word Problem 11-14 [LU 11-2 (1)] Ron Prentice bought goods from Shely Katz. On March 12, Shelly gave Ron a time extension on his bill by accepting a $4,000, 6%, 165-day note. On June 5, Shelly discounted the note at Rosevile Bank at 10%. (Use Days in ayear table.) What proceeds does Shelly Katz receive? (Use 360 days a year. Do not round intermediate calculations. Round your answer to the nearest cent.) Proceeds received 30 31 31 30 28 31 30 31 31 30 31 Day of 31 Nov. Mar. Apr. May June July Aug. Sept. Oct. Dec. Feb. Jan. month 182 213 244 274 32 60 91 121 152 305 335 153 183 214 245 275 306 2 33 61 92 122 336 184 215 246 276 307 337 34 62 93 123 154 216 247 277 308 35 63 94 124 15 185 338 4. 4. 217 248 278 309 339 36 64 95 125 156 186 249 279 310 340 37 65 96 126 157 187 218 311 219 250 280 341 7. 38 66 97 127 158 188 342 189 251 281 312 39 67 98 159 220 128 282 313 343 252 40 68 99 129 160 190 221 283 344 222 253 314 10 10 41 69 100 130 161 191 315 345 162 192 223 254 284 %3D 42 70 101 131 316 346 12 224 255 285 12 43 71 102 132 163 193 225 256 286 317 347 13 72 133 194 13 44 103 164 257 287 318 348 14 14 45 73 104 134 165 195 226 319 349 227 258 288 15 15 46 74 105 135 166 196 320 350 167 197 228 259 289 16 16 47 75 106 136 198 229 290 321 351 48 76 107 137 168 260 17 17 138 199 230 261 291 322 352 18 49 77 108 169 18 353 323 170 200 231 262 292 19 50 78 109 139 19 201 293 324 354 79 10 140 171 232 263 20 20 172 202 233 294 355 80 141 264 325 21 21 52 142 173 203 234 265 326 356 53 81 112 295 22 22 204 82 113 143 174 235 266 296 327 357 23 23 54 144 175 205 236 267 297 328 358 55 83 14 24 24 329 115 145 176 206 237 268 298 359 25 56 84 25 177 207 238 360 85 116 146 269 299 330 26 26 57 117 208 331 361 147 178 239 270 300 27 27 58 86 362 1 18 148 179 209 240 271 301 332 28 28 59 87 180 302 363 119 149 210 241 272 333 29 29 88 364 303 334 30 120 150 181 211 242 273 30 89 365 212 243 304 31 31 90 151

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