Markus Company's common stock sold for $1.50 per share at the end of this year. The company paid preferred stock dividends totaling $4,400 and a common stock dividend of $0.28 per share this year. It also provided the following data excerpts from this year's financial statements: Cash Accounts receivable Inventory Current assets Total assets Current liabilities Total liabilities Preferred stock Common stock, $1 par value Total stockholders' equity Total liabilities and stockholders' equity Ending Balance $ 24,500 $ 42,000 $ 42,400 $ 108,900 $ 302,000 $ 46,500 $ 92,000 $ 33,000 $ 74,000 $ 210,000 $ 302,000 Beginning Balance $ 40,800 $ 38,800 $ 42,000 $ 121,600 $ 242,800 $ 31,500 $ 82,800 $ 33,000 $ 74,000 $ 160,000 $ 242,800 Sales (all on account) Cost of goods sold Gross margin Niet operating income Interest expense Net income This Year $ 480,000 $ 278,400 $ 201,600 s 32,500 $ 2.000 $ 59,900 Required: What is the average collection period? (Use 365 days a year. Round your intermediate calculations and final answer to 2 decimal places.) Average collection period days