Problem 19-04 Float and Weighted Average Delay (LO1] Your neighbor goes to the post office once a month and picks up two checks, one for $13,300 and one for $4,300. The larger check takes five days to clear after it is deposited; the smaller one takes four days. Assume 30 days in a month. a. What is the total float for the month? b. What is the average daily float? (Round your answer to 2 decimal places, e.g., 32.16.) 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.) 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.) a. b. Total float Average daily float Average daily receipts Weighted average delay c-1. C-2. days