Tenafly, Inc., writes 40 checks a day for an average amount of $537 each that generally clear 3.75 days after they are written. In addition, the firm generally receives 48 checks each day with an average amount of $622 each that are available after 3.25 days. Is this a collection or disbursement float? What is the amount of the float? Multiple Choice A disbursement float of $16,482 A collection float of $18,277 A collection float of $16,482 A disbursement float of $18,277 A collection float of $17,376