18 4 points A firm keeps an average $30,000 in cash balances at Bank A, $25,000 in cash balances at Bank B, and $10,000 in cash balances at Bank Cearning no interest. They set up an arrangement with the largest bank to concentrate the 3 accounts into one centralized account using depository transfer checks. The concentrated account will then be invested in short term investments with a 4% annual rate of return. The cost of the concentrated banking system is $1,300 per year. Calculate the cost/benefit. Net loss is $500 Net loss is $263 Net benefit is $2,490 Net benefit is $1,300 Net loss is $1,500 Clear my selection C 0 W +