Each business day, on average, a company writes cheques totalling $13,200 to pay its suppliers. The usual clearing time for the cheques is four days. Meanwhile, the company is receiving payments from its customers each day, in the form of cheques, totalling $24,200. The cash from the payments is available to the firm after two days.

a. Calculate the companys disbursement float, collection float, and net float. (Negative answers should be indicated by a minus sign. Omit $ sign in your response.)

Disbursement float	$
Collection float	$
Net float	$

b. If the collected funds were available in one day instead of two, what would be the company's disbursement float, collection float, and net float? (Negative answers should be indicated by a minus sign. Omit $ sign in your response.)

Disbursement float	$
Collection float	$
Net float	$