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Kyoto Joe, Inc., sells earnings forecasts for Japanese securities. Its credit terms are 4.0/10, net 30. Based on experience, 45 percent of all customers will

Kyoto Joe, Inc., sells earnings forecasts for Japanese securities. Its credit terms are 4.0/10, net 30. Based on experience, 45 percent of all customers will take the discount.

If Kyoto Joe sells 890 forecasts every month at a price of $1,725 each, what is its average balance sheet amount in accounts receivable? (Use 365 days a year. Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

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