A borrower has two altematives for a loan: (1) issue a $360,000,45-day, 5\%, note or (2) issue a 5360,000,45-day note that the creditor discounts at 5%. Assume a 360 -day year. This information has heen collected in the Microsoft Excel Oriline file. Open the spreadsbeet, perform the required analyis, and input your arswers in the questions below. Opea spreadsheet a. Compute the amourt of the interest expense for each option. Round your answer to the nearest dollar. for each alternative. b. Determine the proceeds received ty the bofrower in each situaison. Round your answers to the nearest dollar. (1) 5360,000,45-diay, ses interest-bearing notel 1 (2) $360,000,45-day note discounted at 5\%: 1 c. Alternative| is more favorable to the borrower because the borrower