Hello if you could please assist with the following having trouble with the formula in what to number calculate for net float and finding average

Hello if you could please assist with the following having trouble with the formula in what to number calculate for net float and finding average thanks

  • As of this morning, your firm had a ledger balance of $4,772 with no outstanding deposits or checks. Today, your firm deposited 7 checks in the amount of $270 each and wrote a check in the amount of $727. What is the amount of the collection float as of the end of the day?

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