Your firm generally recelves 4 checks a month. The check amounts and the collection delay for each check is shown below. Given this information, what is the amount of the average daily float? Assume a 30-day month. Item Number 1 2 3 Item Amount $9,900 $9,800 $10,700 $4,400 Delay 5 3 4 4 3 $8,596.67 $5,656.67 $10,153.33 $4,496.67 $8,993.33