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You have $140,000 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $44,000. (Enter your answer as directed,

You have $140,000 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $44,000. (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)Disbursement floatCollection float
Requirement 2:
What is your available balance?
Available balance $
Requirement 3:
What is your book balance?
Book balance $

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