McGriff Dog Food Company normally takes $27$ days to pay for average daily credit purchases of $$9,530.$ Its average daily sales are $$10,680,$ and it collects accounts in $32$ days.

What is its net credit position? That is$,$ compute its accounts receivable and accounts payable and subtract the latter from the former.

If the firm extends its average payment period from $27$ days to $37$ days $($and all else remains the same$),$ what is the firm$$s new net credit position? Has it improved its cash flow?