Copy of Excerpts from Hulkster Company's December 31, 2020 and 2019, financial statements are presented below: 2020 2019 Accounts receivable $ 40,000 $ 36,000 Merchandise inventory $ 28,000 35,000 Net sales 190,000 186,000 Cost of goods sold 114,000 108,000 Total assets 425,000 405,000 Total shareholders' equity 240,000 225,000 Net income 32,500 28,000 Hulkster's 2020 average collection period is:

109 days

104 days

128 days

73 days