Question: Problem 17-3 Calculating Float [LO 11 You have $37,100 on deposit with no outstanding checks or uncleared deposits. One day you write a check for

 Problem 17-3 Calculating Float [LO 11 You have $37,100 on deposit

Problem 17-3 Calculating Float [LO 11 You have $37,100 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $7,000 and then deposit a check for $4,000. What are your disbursement, collection, and net floats? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) ook ences Disbursement float Collection float Net float

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