On an average day, a company writes checks totaling $1,000. These checks take 8 days to clear. The company receives checks totaling $1,500. These checks take 4 days to clear. The cost of debt is 9%. What is the firm's disbursement float?

a. 6,000

b. -6,000

c. 8,000

d. -8,000

What is the firms collection float?

a. 4,000

b. -4,000

c. 6,000

d. -6,000