Mei $-$ kwei International's common stock sold for $$4\mathrm{.}30$ per

share at the end of this year. The company paid preferred

stock dividends totalling $$4,400$ and a common stock

dividend of $$0\mathrm{.}81$ per share this year. It also provided the

following data excerpts from this year's financial

statements: Ending Balance Beginning Balance Cash $

$41,000$$$36,200$ Accounts receivable $$74,000$$$58,700$

Inventory $$64,900$$$74,000$ Current assets $$179,900$$

$168,900$ Total assets $$590,000$$$624,000$ Current

liabilities $$70,500$$$63,000$ Total liabilities $ $160,000$$

$144,000$ Preferred stock $$45,000$$$45,000$ Common

stock, $$1$ par value $$94,000$$$94,000$ Total stockholders'

equity $$430,000$$$480,000$ Total liabilities and

stockholders' equity $$590,000$$$624,000$ This Year Sales $($

all on account$)$ $$865,000$ Cost of goods sold $$501,700$

Gross margin $$363,300$ Net operating income $$206,250$

Interest expense $$11,000$ Net income $$96,000$ Required:

What is the average collection period? $($Use $365$ days a

year. Round your intermediate calculations and final

answer to $2$ decimal places.$)$