Your neighbor goes to the post office once a month and picks up two checks, one for $11,000 and one for $3,400. The larger check takes four days to clear after it is deposited; the smaller one takes five days. Assume 30 days in a month.

a. What is the total float for the month?

b. What is the average daily float?

c-1. What are the average daily receipts?

c-2. What is the weighted average delay?