Income statement Mike Sports Inc. 31 Dec 2018 Sales $ 1,293,000 Less: cost of sales $ 517,200 Gross profit 775,800 Less: operating costs 150,000 Operating profit $ 625,800 Less: financial expenses 15,000 Profit before tax $ 610,800 Less: taxes (37%) 225,996 Net income after tax $ 384,804 Balance Sheet Mike Sports Inc. 31 dec 2018 Cash $ 1,500,000 Accounts receivable $ 85,000 Inventory $ 1,325,000 Total current assets $ 2,910,000 Gross fixed assets (Accumulated depreciation) Net fixed assets $ 1,529,500 Total assets $ 4,439,500 Debts payable $ 238,500 Taxes payable $366,000 Short Term Laiabilites $ 604,500 Long-term debt $ 1,646,500 Long-term liabilities $ 1,646,500 Total liabilities $2,251,000 Stockholders' equity $ 2,000,000 Retained earnings $ 188,500 Total stockholders' equity $ 2,188,500 Total liabilities and stockholders' equity $ 4,439,500 Calculate the Average payment period ? (Answer is in days, 2 decimal places) LA LA $ LA $5,750,000 -$4,220,500