= Homework: Chapter 14 Homework Question 9, P14-15 (simi... Part 1 of 3 HW Score: 10%, 1 of 10 points O Points: 0 of 1 0 Save Lockbox system Eagle Industries feels that a lockbox system can shorten its accounts receivable collection period by 2 days. Credit sales are $3,500,000 per year, billed on a continuous basis. The firm has other equally risky investments with a return of 19%. The cost of the lockbox systern is $10,000 per year. (Note: Assure a 365-day year.) a. What amount of cash will be made available for other uses under the lockbox system? b. What net benefit (post) will the firm realize if it adopts the lockbox syster? Should it adopt the proposed lockbox system? a. The amount of cash that will be made available for other uses under the lockbox system is $. (Round to the nearest dollar.)