M & Z Athletics signed a $4000 simple interest note at 11% for 120 days on June 27. On Aug. 3 the bank holding the M & Z note sold all its notes to another bank effective 14 days later at a discount rate of 13.5%. Find the maturity value of the original note and the proceeds to the bank selling the note. Use banker's interest of 360 days. Click the icon to view the Number of Each of the Days of the Year table. www The maturity value is $ (Round to the nearest cent.) The net proceeds are $ (Round to the nearest cent.)