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Mr. Husker's Tuxedos Corp. ended the year 2018 with an average collection period of 40 days. The firm's credit sales for 2018 were $55.3 million.

Mr. Husker's Tuxedos Corp. ended the year 2018 with an average collection period of 40 days. The firm's credit sales for 2018 were

$55.3 million.

What is the year-end 2018 balance in accounts receivable for Mr. Husker's Tuxedos?(Enter your answer in dollars not in millions.)

How to calculate this?

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