You have $136,000 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $48,000. (Enter your answer as directed, but do not round intermediate calculations.)

Requirement 1:

Does this create a disbursement float or a collection float?

(Click to select)Collection floatDisbursement float

Requirement 2:

What is your available balance?

Available balance

$

Requirement 3:

What is your book balance?

Book balance

$