Piedmont Industries sells on terms of 2/10 net 30. Total sales for the year are $1 million. Thirty percent of customers pay on the 10th day and take discounts; the other 70% pay, on average, 60 days after their purchases. What would happen to average receivables if Piedmont toughened its collection policy with the result that all non-discount customers paid on the 35th day? O Decline by $42.753 O Decline by $37.958 O Decline by $47.945 Decline by $57,534