National Co.'s budgeted sales for the coming year are P40,500,000 of which 80% are expected to be credit sales at terms n/30. National estimates that a proposed relaxation of credit period from 30 days to 45 days. Based on a 360-day year, the proposed relaxation of credit to standards will result in an expected increase in the average accounts receivable balance of * Format: 1, 111, 111