Morning Food, Inc. is a local company that produces only one product: bagels. The company currently has annual sales of $$8,553,000($all on credit$).$ The current credit term is "Net $30",$ so an average collection period of $30$ days. The current level of bad debt is $4$ of annual sales.

The company decides to change credit terms to $1/30,$ net $60.$ It is expected that $50\%$ of the customers will take the $1$ percent discount and pay on the $30$th day. The other $50\%$ of the customers will pass the discount and pay on $60$th day.