Al's Bakery has a checkbook balance of $1,650. A $700 deposit was made today and will be added to the available balance tomorrow. There are two outstanding checks that total to $623 that should clear tomorrow. There are no other outstanding items. Which one of the following statements accurately reflects this situation?

The firm's current available balance is equal to $1,650 plus $700 minus $623.

The disbursement float is $1,650.

The firm's available balance is greater than its book balance.

The firm's collection float exceeds its disbursement float.

The firm has a net disbursement float.