During the month Company ABC receives four checks in the amounts of $100, $325, $200, and $500. They are delayed for 1.6 days, 2.1 days, 2.6, and 1 day, respectively. What is the average daily collection float? Assume a 30-day month.

A.

$74.93

B.

$63.80

C.

$59.47

D.

$62.08