A)

As of Monday morning, the ledger balance and the available balance for a firm was $3,600. During the day, the firm wrote three checks in the amounts of $230, $590, and $870. The firm deposited a check for $350 and a check for $920. What is the amount of the collection float as of the end of the day?

$420

$580

$840

$1,270

$1,690

B)

On any given day, Athens Florist receives numerous checks worth an average combined total of $6,300. The funds from the deposited checks are generally available in 1.5 days. Every day the firm mails out checks totaling $4,600 that generally take 2 days to clear the bank. What is the amount of the disbursement float?

	$150
	$6,900
	$9,150
	$9,200
	$9,850