Barved Help Save & Accounts receivable Merchandise inventory Net sales Cost of goods sold Total assets Total shareholders' equity Net income 2021 $ 60,000 38,000 212,000 134,000 445,000 260,000 47,500 2020 $ 46,000 55,000 200,000 118,000 415,000 235,000 38,000 Hulkster's 2021 average collection period is: Multiple Choice O 184 days. O 138 days O 142 days. O 91 days Molly's Auto Detailers maintains its records on the cash basis. During 2021, Molly's collected $72,600 from customers and paid $19.700 In expenses. Depreciation expense of $3,800 would have been recorded on the accrual basis. Over the course of the year, accounts receivable increased $4.900. prepaid expenses decreased $1,700, and accrued liabilities decreased $2.200. Molly's accrual-basis net income was Multiple Choice O 506,00 O $5.500 O $50.00 O 343700