Excerpts from Hulkster Company's December 31, 2018 and 2017, financial statements are presented below: 2018 2017 Accounts receivable Merchandise inventory Net sales Cost of goods sold Total assets Total shareholders' equitv Net income $ 77,000 54,00e 71,000 307,000 126,000 423,000 243,000 46,000 46,000 312,000 150,000 461,000 285,000 59,500 Hulkster's 2018 average collection period is