Excerpts from Hulkster Company's December 31, 2021 and 2020, financial statements are presented below: 2021 Accounts receivable $ 46,000 2020 $ 39,000 Merchandise inventory 31,000 41,000 Net sales 212,500 206,000 Cost of goods sold 120,000 111,000 Total assets 431,000 408,000 Total shareholders' equity 246,000 228,000 Net income 37,000 31,000 4 Hulkster's 2021 average collection period is: