Question 7 Piedmont Industries sells on terms of 2/10 net 30, Total sales for the year are $1.5 million. Thirty percent of customers pay on the 10th day and take discounts, the other 70% pay. an average, 60 days after their purchases. What would happen to average receivables it Piedmont toughened its collection policy with the result that all non-discount customers paid on the 40th day? Decline by $28.767 O Decline by $41.675 Decline by $36,894 Decline by $57.534