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15 ABC Co has an average collection period of 60 days for its accounts receivable. If total credit sales for the year were 55,800,000, what

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15 ABC Co has an average collection period of 60 days for its accounts receivable. If total credit sales for the year were 55,800,000, what is the balance in accounts receivable at year-end? Assume a 360-day calendar year. (Do not round Intermediate calculations. Round your answer to the nearest dollar amount.) Multiple Choice C) ss, soo ooo 0 S3,480,000 5966667 396

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