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Essence of Skunk Fragrances, Ltd., sells 5,700 units of its perfume collection each year at a price per unit of $387. All sales are on

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Essence of Skunk Fragrances, Ltd., sells 5,700 units of its perfume collection each year at a price per unit of $387. All sales are on credit with terms of 2/30, net 40. The discount is taken by 50 percent of the customers. (Enter your answer as directed, but do not round intermediate calculations.) Requirement 1: What is the amount of the company's accounts receivable? (Round your answer to 2 decimal places (e.g., 32.16).) Requirement 2: In reaction to sales by its main competitor, Sewage Spray, Essence of Skunk is considering a change in its credit policy to terms of 4/30, net 40 to preserve its market share. Will this change in policy increase or decrease accounts receivable

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