Question: The UpTowner writes 39 checks a day for an average amount of $918 each. These checks generally clear the bank 2.5 days after they are

The UpTowner writes 39 checks a day for an average amount of $918 each. These checks generally clear the bank 2.5 days after they are written. In addition, the firm generally receives an average of $53,419 a day in checks. The checks that are received are deposited immediately and the funds are generally available the following day. What is the amount of the firm's disbursement float?

A)$36,086

B)$89,505

C)$17,333

D)$53,419

E)$106,838

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