Question 2 (5 points) Regan Corp's sales last year were $450,000, and its year-end receivables were $45,000. On average, Regan's customers pay 10 days late and thus they are charged a penalty) How many days of "free" credit does Regan give its customers before they are late and thus assessed a penalty? Base your answer on this equation: DSO - Average days late = Days of free credit, use a 365-day year when calculating the DSO, and round to the closest whole number 23 days 25 days 27 days 29 days 31 days