Schnee Ice Cream receives three checks per month. The first check averages $842,000 and clears in 1.2 days. The second check averages $318,000 and clears in .7 days. The third check averages $465,000 and clears in 2 days. What is the average daily float? Assume a 30-day month.

Multiple Choice

• $69,600

• $72,100

• $73,600

• $74,500

• $68,900