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Mr. Husker's Tuxedos, Corp. ended the year 2008 with an average collection period of 37 days. The firm's credit sales for 2008 were $38 million.

Mr. Husker's Tuxedos, Corp. ended the year 2008 with an average collection period of 37 days. The firm's credit sales for 2008 were $38 million. What is the year-end 2008 balance in accounts receivable for Mr. Husker's Tuxedos? (Use 365 days a year. Enter your answer in millions. Do not round intermediate calculations and round your final answer to 2 decimal places. Omit the "$" sign in your response.)

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