Data from Estrin Corporation's most recent balance sheet and income statement appear below: This Year Last Year Accounts receivable $109,000 $106,000 Inventory $139,000 $158,000 Sales on account $787,000 Cost of goods sold $501,000 The average sale period for this year is closest to: (Round your intermediate calculations to 2 decimal places.)

Multiple Choice 50 days 45 days 108 days 101 days