On a typical day, a company writes 62 checks worth a total of $9,325 that clear in 3 days. The company also collects 74 checks worth a total of $10,640 that clear in 25 days. Is this a collection or disbursement float? What is the amount of the float? Multiple Choice A collection float of $1,532 A collection float of $1,315 A collection float of $1,375 A disbursement float of $1,375