Problem $19-01$ Calculating Float $[$LO$1]$

In a typical month, the Monk Corporation receives $70$ checks totaling $$136,000.$ These are delayed five days on average. What is the average daily float? Assume $30$ days in a month. $($Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

Average daily float