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Each business day, on average, a company writes checks totaling 52,000 to pay its suppliers. The usual clearing time for these checks is 2.7 days.

Each business day, on average, a company writes checks totaling 52,000 to pay its suppliers. The usual clearing time for these checks is 2.7 days. Meanwhile, the company is receiving payments from its customers each day, in the form of checks, totaling 69,000. The cash from the payments is available after 1.8 days. Calculate the companys disbursement float, collection float, and net float. (4 points)

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