Name (35points) 29. Bozo Clown Accessories is considering offering a 2% cash discount to induce their customers to pay their accounts sooner. Bozo's objective is to reduce their average collection period to 35 days from the current 45 days. They expect their annual sales to remain at $1.1 million. Their variable cost ratio is 80%. Bad debt expense is expected to decrease to 5% from 6% of sales. Bozo uses a 20% pretax rate of return as their opportunity cost What is the maximum percentage of sales dollars that can take the discount that would make this a breakeven (net profitability = 0) proposition? Support your answer with a detailed analysis