I need help with Question 2 in the image. The existing one in Chegg is NOT correct. Hope I could get the answer today. Thank you.

Simplifying the ABC System: TDABC Golding Bank provided the following data about its resources and activities for its checking account process: At practical capacity, Golding uses 25,000 check processing hours. Required: 1. Calculate the capacity cost rate for the checking account process. Round your answers to the nearest cent. $per hour Calculate the activity rates for the four activities. Round your answers to the nearest cent. Unit cost X 3. A time equation is used to assign resource costs to checking accounts. Select a time equation for the interest-bearing checking account product. 0.20 (number of accounts) +0.10 (number of statements) +0.05 (number of transactions) +0.15 (number of inquiries) Simplifying the ABC System: TDABC Golding Bank provided the following data about its resources and activities for its checking account process: At practical capacity, Golding uses 25,000 check processing hours. Required: 1. Calculate the capacity cost rate for the checking account process. Round your answers to the nearest cent. $per hour Calculate the activity rates for the four activities. Round your answers to the nearest cent. Unit cost X 3. A time equation is used to assign resource costs to checking accounts. Select a time equation for the interest-bearing checking account product. 0.20 (number of accounts) +0.10 (number of statements) +0.05 (number of transactions) +0.15 (number of inquiries)