770 Solve the problem. 1) On the December 8 billing date, Hakeem had a balance due of $640.34 on his credit card. The 1) transactions during the following month were: December 10 Charge : football tickets $178.41 3 December 12 Payment $95.83 0776 = 327 January 3 Charge: restaurant meal $54.00 The interest rate on the card is 1.4% per month. Using the average daily balance method, find the balance due on January 8 (December has 31 days). A) $786.82 B) $786.66 C) $787.17 D) $650.59