Pac Man, Inc., sells earnings forecasts for Japanese securities. Its credit terms are 4/10, net 90. Based on experience, 50 percent of all customers will take the discount. a. What is the average collection period for the company? (Use 365 days a year. Do not round intermediate calculations.) b. If the company sells 1,340 forecasts every month at a price of $1,775 each, what is its average balance sheet amount in accounts receivable? (Use 365 days a year. Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89.) a. days Average collection period b. Average balance