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Guttery Corporation has provided the following financial data from its balance sheet: Year 2 Year 1 Accounts receivable, net $ 112,000 $ 110,000 Inventory $

Guttery Corporation has provided the following financial data from its balance sheet:

Year 2 Year 1
Accounts receivable, net $ 112,000 $ 110,000
Inventory $ 174,000 $ 150,000
Total assets $ 1,236,000 $ 1,250,000

Sales on account in Year 2 totaled $1,450,000 and cost of goods sold totaled $900,000.

The companys average collection period for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.)

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