24 Tenafly, Inc., writes 25 checks a day for an average amount of $477 each that generally clear 3.5 days after they are written. In addition, the firm generally receives 33 checks each day with an average amount of $532 each that are available after 3 days. Is this a collection or disbursement float? What is the amount of the float? Multiple Choice A disbursement float of $12,726 A collection float of $11,825 A disbursement float of $10,931 A collection float of $12,726 A collection float of $10,931