Question 2 (4 points) Matt's Bike Shop had annual sales of $1,264,000, all seid on credit terms of 2/10 net 30. The company currently has an average accounts receivable balance of $103,930, (Assume 365 days in a year.) Matthew, the owner, believes that by extending credit terms to 2/10 net 35, the store will be able to increase annual sales by 3%. Based on Matthew's estimates, how much in additional short-term financing (cash) would Matt's Bike Shop require if it adopted a net 35" policy instead of the current "net 30" policy (two decimals)