Aziz Industries has sales of $100,000 and accounts receivable of $11,500, and it gives its customers 36 days to pay. The industry average DSO is 30 days, based on a 365-day year. If the company changes its credit and collection policy sufficiently to cause its DSO to fall to the industry average. How much cash can be freed up by this change, assuming other things are held constant?

a. $8,333.33

b. $3,280.82

c. $1,643.84

d. $958.33

e. $1,636.99