Markus Company's common stock sold for $2.50 per share at the end of this year. The company paid preferred stock dividends totaling $4,400 and a common stock dividend of $0.42 per share this year. It also provided the following data excerpts from this year's financial statements: Cash Accounts receivable Inventory Current aasta Total assets Current liabilities Total liabilition Preferred stock Common stock, $1 par value Total stockholders' equity Total liabilities and stockholders' equity Ending Balance Beginning Balance $31,500 $ 47,800 $ 56,000 $ 46,300 $ 50,000 $ 138,300 417,000 $ 57,000 $117.000 036,000 $76,000 $ 300,000 $417,000 $ 56,000 $150,100 $405,300 39,000 $ 105,300 $38,000 $ 76,000 300,000 $405,300 $ Sales (all on account) Cost of goods sold Cross margin Net operating income Interest expense Bet incone This Year $650,000 $377,000 $273,000 $120,750 $ 7,000 $ 76,600 Required: What is the average collection period? (Use 365 days a year. Round your intermediate calculations and final answer to 2 decimal places.) Average ailection period days