16. Winsor Clothing Store had a balance in the Accounts Receivable account of $760,000 at the beginning of the year and a balance of $840,000 at the end of the year. Net credit sales during the year amounted to $6,800,000. The average collection period of the accounts receivable in terms of days was A) 30 days. B) 365 days. C) 45.1 days. D) 42.9 days.