A) Each day, on average, Pied Piper Piping disburses funds in the amount of $23,400 to pay its suppliers. The typical clearing time for the funds is 4 days. Meanwhile, the company is collecting payments from its customers each day in the form of checks totaling $29,800. The cash from the incoming payments is available to the Pied Piper after 3 days, although the average number of days delay for received checks is 5 days. Assuming 30 days in a month, what is the companys Average Daily Float and Net Float?

B) Every month Pineapple Industries disburses checks that average $235,000 and take 5 days to clear. If the company delays transfer of funds from an interest-bearing account that pays .023 percent per day for these 5 days, how much Interest (in dollars) can the company earn on an annual basis? (Ignore the effects of compounding interest).