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On an average day, Wilson's Meats receives 20 checks from customers that average $1.200 each. It takes half a day to process these payments and

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On an average day, Wilson's Meats receives 20 checks from customers that average $1.200 each. It takes half a day to process these payments and another day for the funds to become available. Wilson's also receives $48,000 of daily payments from customers who are billed and pay electronically. The electronic payments are available immediately. What is the firm's collection float? O $1,200 O $1,800 0-$49.800 O $49,800 O $1,800

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