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Kantorovich Company normally takes 24 days to pay for its average daily credit purchases of $2,300. Its average daily sales are $3,300, and it collects

Kantorovich Company normally takes 24 days to pay for its average daily credit purchases of $2,300. Its average daily sales are $3,300, and it collects accounts in 19 days. What is its net credit position? Note that a negative position implies receivables exceed payables.

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