Assume a check for $127,000 has a collection delay of 1.8 days while a check for $218,900 has a collection delay of 1.5 days. If these are the only two checks received in a 30-day period, what is the weighted average delay?

• 1.63 days

• 1.61 days

• 1.56 days

• 1.58 days

• 1.65 days