Question 3 (1 point) a) Canadian Bacon Inc, financial statements are presented in the table below. Based on the information in the table, and using a 365-day year, calculate Average Credit Sales per Day. Round the answers to two decimal places Balance Sheet December 31, 2014 Cash and marketable $132,000 Accounts payable $399,000 securities Accounts receivable $311,000 Notes payable $98,500 Inventories $512,000 Accrued expenses $89,300 Total current Prepaid expenses $11,300 liabilities $586,800 Total current assets $966,300 Long-term debt $799,400 Par value and Gross fixed assets $2,104,000 $298,000 paid-in-capital Less: accumulated depreciation $398,000 Retained Earnings $988,100 Net fixed assets $1,706,000 Common Equity 1,286,100 Total liabilities Total assets $2,672,300 and owner's $2,672,300 equity Income Statement, Year of 2014 Net sales (all credit) $4,276,600.00