Your neighbor goes to the post office once a month and picks up two checks, one for $13,400 and one for $4,400. The larger check takes three days to clear after it is deposited; the smaller one takes two days. Assume 30 days in a month.

a.	What is the total float for the month? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Total float

$

b.	What is the average daily float? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Average daily float

$

c-1.	What are the average daily receipts? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Average daily receipts

$

c-2.	What is the weighted average delay? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Weighted average delay

days