Canvas XCO 38 27 D Question 7 7 pts Piedmont Industries sells on terms of 2/10 net 30. Total sales for the year are $1.5 million. Thirty percent of customers pay on the 10th day and take discounts; the other 70% pay, on average, 60 days after their purchases. What would happen to average receivables if Piedmont toughened its collection policy with the result that all non-discount customers paid on the 40th day? Decline by $41.675 Decline by $36.894 Decline by $57534 Decline by $28.767 Question 8 8 pts 3 $ 4 5 6 7 8 9 O W E R U O