On January 25, Coot Company has $270,000 deposited with local bank. On January 27, the company writes and mails checks of $22,000 and $62,000 to suppliers. At the end of t month, Coot's financial manager deposits a $47,000 check received from a customer in the morning mail and picks up to end-of-month account summary from the bank. The manage notes that only the $22,000 payment of the 27th has cleared the bank. What is the company's available balance with its bank? Available balance