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The following data are taken from the financial statements of Blossom Company. 2022 2021 Accounts receivable (net), end of year $554,000 $531,000 Net sales

The following data are taken from the financial statements of Blossom Company. 2022 2021 Accounts receivable (net), end of year $554,000 $531,000 Net sales on account 4,340,000 4,224,000 Terms for all sales are 1/10, n/45 Compute for each year the average collection period. (Round answers to 1 decimal place, eg. 12.5. Use 365 days for calculation.) Average collection period 2022 days 2021 days

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