Data on Apex company for the most recent year are shown below, along with the days sales outstanding of the firms against which it benchmarks. The firm's new CFO believes that the company could reduce its receivables enough to reduce its DSO to the benchmarks' average. If this were done, by how much would receivables decline? Use a 365-day year.

Accounts receivable $16,000

Current days sales outstanding (DSO) 53.09

Benchmark days sales outstanding (DSO) 20.00