Darla's Cosmetics had annual credit sales of $1,422,000 and an average collection period of 40 days in 2018. What was the company's average accounts receivable balance? Note: Use a 360-day year.

Darla's Cosmetics had annual credit sales of $1,422,000 and an average collection period of 40 days in 2018 . What was the company's average accounts recelvable balance? Note: Use a 360-day year