9. All are part of the same question.

Calculate the average day's collection ratio.

LOGIC COMPANY Comparative Income Statement For Years Ended December 31, 2022 and 2023 \begin{tabular}{|c|c|c|} \hline & 2023 & 2022 \\ \hline Gross sales & $22,600 & $17,700 \\ \hline Sales returns and allowances & 1,000 & 100 \\ \hline Net sales & $21,600 & $17,600 \\ \hline Cost of merchandise (goods) sold & 11,100 & 7,800 \\ \hline Gross profit & $10,500 & $9,800 \\ \hline Operating expenses: & & \\ \hline Depreciation & $1,060 & $780 \\ \hline Selling and administrative & 4,900 & 3,800 \\ \hline Research & 910 & 680 \\ \hline Miscellaneous & 720 & 480 \\ \hline Total operating expenses & $7,590 & $5,740 \\ \hline Income before interest and taxes & $2,910 & $4,060 \\ \hline Interest expense & 920 & 680 \\ \hline Income before taxes & $1,990 & $3,380 \\ \hline Provision for taxes & 796 & 1,352 \\ \hline Net income & $1,194 & $2,028 \\ \hline \end{tabular} Calculate the average day's collection ratio. Note: Use 360 days a year. Do not round intermediate calculations. Round your answers to the nearest hundredth