A Firm Has $23,630 in Outstanding Cheques That Have Not

A firm has $23,630 in outstanding cheques that have not cleared the bank. The firm also has $31,000 in deposits that have been recorded by the firm but not by the bank. The current available balance is $14,710. What is the status of the net float?

A) Net collection float of $7,370.
B) Net collection float of $22,080.
C) Net collection float of $31,000.
D) Net disbursement float of $7,370.
E) Net disbursement float of $22,080.