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Rawe Corporation's accounts receivable at the end of Year 2 was $334,000 and its accounts receivable at the end of Year 1 was $286,000. Sales,

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Rawe Corporation's accounts receivable at the end of Year 2 was $334,000 and its accounts receivable at the end of Year 1 was $286,000. Sales, all on account, amounted to $1,368,000 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 89.1 days 82.8 days 76.3 days 4.4 days

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