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As of this morning, a firm had a ledger balance of $1695 with no outstanding deposits or checks. Today, the firm deposited five checks in

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As of this morning, a firm had a ledger balance of $1695 with no outstanding deposits or checks. Today, the firm deposited five checks in the amount of $32 each and wrote a check in the amount of $465. What is the amount of the collection float as of the end of the day assuming none of these checks had cleared? Multiple Choice $305 $625 Sco 5

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