MC algo 17-11 Calculating Float : Hoyes Lumber generally receives three checks per month. Acheck for $11,920 clears in 4 days, a check for $6,725 clears in 3 days, and a check for $7,910 clears in 2 days. Assuming 30 days in each month, what is the average daily float? Multiple Choice $2789.17 $295.06 $2,616.00 $885.17 $2,401.00