Question: You have $ 1 2 9 , 0 0 0 on deposit with no outstanding checks or uncleared deposits. One day you write a check

You have $129,000 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $55,000.
Does this create a disbursement float or a collection float?
What is your available balance?
Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g.,32.
What is your book balance?
Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g.,32.

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