8. The Normangale Company receives 160 cheques per month from customers. Average payments and clearing times are as follows: 25 cheques each for $21,000, 2.5 days; 40 cheques each for $58,000, 3.5 days; 50 cheques each for $37,000, four days; and 40 cheques each for $10,000, five days. Calculate the average daily float, assuming a 360-day year.