The Food Wholesaler Generally Receives 4 Checks a Month

The Food Wholesaler generally receives 4 checks a month.The check amounts and the collection delay for each check are shown below.Given this information, what is the amount of the average daily float? Assume every month has 30 days.

A) $3,963.89
B) $21,750.00
C) $22,236.67
D) $28,133.33
E) $35,675.00