In 20Y1, Rudy's equipment offered its suppliers 30 day terms, and had accounts receivable days on hand of 30 days and sales of $2.5 million. In 20Y2, Rudy's changed its terms to 45 days; all of its customers took advantage of the change and paid 15 days later than before. Sales in 20Y2 were $3 million, and accounts receivable at year end were $369,863.

How much did the company's financing needs increase in 20Y2 as a result of the change in terms?

A) approximately $123,000

B) approximately $141,000

C) approximately $162,000

D) approximately $205,000