Concord Shop had a balance in the Accounts Receivable account of $755000 at the beginning of the year and a balance of $879000 at the end of the year. Net credit sales during the year amounted to $5964100. The average collection period of the receivables in terms of days was (Round intermediate calculation to 3 decimal places, e.g. 1.235 and final answer to 1 decimal places, e.g. 0.5.) 3.7 days. 46.2 days. 50.0 days. 47.1 days