Hoyes Lumber Generally Receives 3 Checks a Month

Hoyes Lumber generally receives 3 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 each month has 30 days.

A) $1,386.67
B) $1,407.19
C) $4,750.00
D) $6,833.33
E) $6,933.33