For this item, any answers that are not whole numbers should be entered as a decimal, rounded to the hundredths place.

Nicole started the day with $63.44 in her bank account. Later in the day, Nicole's bank processed a check that Nicole mailed last week to pay her electric bill. When this happened, the bank deducted $186.56 from Nicole's balance which caused her account to be overdrawn. Before the bank closed, Nicole made a deposit equal to 1/4 the amount her account was overdrawn. What was Nicole's bank balance at the end of the day?

At the end of the day, Nicole's bank balance was____dollars.

$47.34