The average daily balance is the mean of the balance in an account at the end of each day in a month. The following table gives the dates and amounts of the transactions in Elliott's account in June.
Day of June Transaction type Transaction amount (in dollars)
1 Starting balance 1223
10 Deposit 615
15 Withdrawal - 63
22 Withdrawal - 120
There are 30 days in June.
What is the average daily balance of Elliott's account for the month of June?
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