Rawe Corporation's accounts receivable at the end of Year 2 was $343,000 and its accounts receivable at the end of Year 1 was $297,000. Sales, all on account, amounted to $1,401,000 in Year 2. The company's average collection period for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice 83.3 days 4.4 days 77.4 days 89.4 days