Gilligan Retail Outlet provided the following financial information: Accounts Receivable balance as of 1/1/2017 $140,000 Accounts Receivable balance as of 12/31/2017 $150,000 Net Credit Sales for the year 2017 $2,117,000 Cost of Goods Sold for the year 2017 $1,100,840 Calculate the Average Collection Period of receivables.