Corleone Olive Oil Imports sells on terms that allow customers 60 days to pay for merchandise. Its sales last year were $1,500,000, and its year-end receivables were $310,000. If its DSO is less than the 60-day credit period, then customers are paying on time. Otherwise, they are paying late. By how much are customers paying early or late? Base your answer on this equation: DSO - Credit Period = Days early or late, and use a 365-day year when calculating the DSO. A positive answer indicates late payments, while a negative answer indicates early payments. Assume all sales to be on credit. Do not round your intermediate calculations.

Group of answer choices

8.62 days

-14.53 days

8.13 days

15.43 days

-12.87 days