Your Company Has an Available Balance of $7,911

Your company has an available balance of $7,911.A deposit of $2,480 that was made this morning is not yet included in the bank's balance.There are also 4 checks outstanding with a value of $360 each.What is the net float?

A) net collection float of $1,040
B) net collection float of $2,480
C) net float of $6,731
D) net disbursement float of $1,300
E) net disbursement float of $2,480