Shannara Manufacturing writes 42 checks a day for an average amount of $545 each that generally clear 2.5 days after they are written. In addition, the firm generally receives 50 checks each day with an average amount of $634 each that are available after 2 days. Is this a collection or disbursement float? What is the amount of the float?

a) -a collection float of $6175

b) -A disbursement float of $7,970

c)-A collection float of $7,970

d)-A collection float of $7,069

e)-A disbursement float of $6,175