Question 18 (1 point) A company processes a number of cheques every month. There are two type of cheques. Type 1 has an average amount of $75 and constitutes 61.90% of the total number of cheques. The other type, Type 2, has an average amount of $96. Type 1 cheques take 3 days on average to clear, while Type 2 cheques take 4 days on average to clear. If the total daily (collection) float for the two cheques is $6,903, how many cheques is the company processing every month? (Assume 30 days in a month.) 707 725 743 761 780