A. Calculating Float You have $35,400 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $3,700 and then deposit a check for $5,300. What is your collection?

B. Size of Accounts Receivable Essence of Skunk Fragrances, Ltd., sells 5,000 units of its perfume collection each year at a price per unit of $380. All sales are on credit with terms of 1/10, net 30. The discount is taken by 35 percent of the customers. What is the amount of the company's accounts receivable? Round to TWO decimal places.