Excerpts from Hulkster Company's December 31, 2024 and 2023, financial statements are presented below: 2024 2023 Accounts receivable $ 46,000 $ 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 Hulkster's 2024 average collection period is: Multiple Choice 119 days. 115 days. 135 days. 73 days