The financial statements of the Sheridan Company reports net sales of $756000 and accounts receivable of $67200 and $24000 at the beginning of the year and end of year, respectively. What is the average collection period for accounts receivable in days? (Use 365 days for calculation) 9.8 days 44.0 days 34.2 days 22.0 days Click if you would like to Show Work for this question: Open Show Work mupe Cruice Question 56 Sunland Clinic purchases land for $530000 cash. The dinic assumes $5100 in property taxes due on the land. The title and attorney fees totaled $2600. The clinic had the land graded for $7300. What amount does Sunland Clinic record as the cost for the land? $537300 $530000 $545000 $537700 Click if you would like to show Work for this question: Open Show Work