Float Simon Corporation has daily cash receipts of $56,000. A recent analysis of its collections indicated that customers' payments were in the mail an average of 2.5 days. Once received, the erage of 2 days for these receipts to clear the banking system. a. How much collection float (in days) does the firm currently have? b. If the firm's opportunity cost is 9%, would it be economically advisable for the firm to pay an annual fee of $16,200 for a lockbox system to reduce collection float by 3 days? c.What would the company's opportunity cost have to be to make the $16,200 fee worthwhile? a. The amount of collection float (in days) the firm currently has isdays (Round to one decimal place.)