You have $128,000 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $56,000.

Does this create a disbursement float or a collection float?

(Click to select)Disbursement floatCollection float

What is your available balance? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Available balance $

What is your book balance? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Book balance $