Herriman Company had an average collection period of 35 days in Year 1 and 45 days in Year 2 . Which of the following statements is TRUE? The amount of the company's accounts payable decreased from Year 1 to Year 2. The company's credit customers waited longer to pay in Year 2 than they did in Year 1. The company waited longer to sell inventory in Year 2 than it did in Year 1. The amount of the company's inventory decreased from Year 1 to Year 2