Route Canal Shipping Company has the following schedule for aging of accounts receivable: a. Calculate the percentage of amount due for each month. b. If the firm had $1,452,000 in credit sales over the four-month period, compute the average collection period. Average daily credit sales should be based on a 120-day period. c. If the firm likes to see its bills collected in 31 days, should it be satisfied with the average collection period? Yes No