This Morning,Wilson's Meats Had Both a Book and a Bank

This morning,Wilson's Meats had both a book and a bank balance of $1,500.Today,the firm received 20 checks from customers that averaged $110 each.The funds from these checks will be delayed by one day,which will cover both the processing and availability delays.Wilson's also received $4,000 of payments from customers who are billed and pay electronically.The electronic payments are available immediately.What is the firm's collection float as of the end of this day?

A) −$6,200
B) −$2,200
C) −$1,200
D) −$1,800
E) −$3,700