Number of days past dueToot Auto Supply distributes new and used automobile parts to local dealers throughout the Midwest. Toots credit terms are n$/30.$ As of the end of business on October $31,$ the following accounts receivable were past due:AccountDue DateAmountAvalanche AutoAugust $14$$$12,000$Bales AutoOctober $42,400$Derby Auto RepairJune $113,900$Lucky's Auto RepairSeptember $66,600$Pit Stop AutoSeptember $221,100$Reliable Auto RepairJuly $39,750$Trident AutoAugust $221,800$Valley Repair & TowMay $224,000$This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below.