2016 2015 Accounts receivable $ 80,000 $ 72,000 Merchandise inventory 58,000 72,000 Net sales 400,000 372,000 Cost of goods sold 240,000 220,000 Huckabee's 2016 average collection period (rounded) is: A. 69 days. B. 116 days. C. 111 days. D. 73 days