Question: Madison Corner writes 3 9 checks a day for an average amount of $ 5 3 3 each. These checks generally clear the bank 3

Madison Corner writes 39 checks a day for an average amount of $533 each. These checks generally clear the bank 3.5 days after they are written. In addition, the firm generally receives 76 checks with an average amount of $616 each. Deposited amounts are available after an average of 3 days. What is the amount of the firm's collection float?
Madison Corner writes 39 checks a day for an average amount

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