The following data are taken from the financial statements of Cullumber Company. Accounts receivable (net), end of year Net sales on account Terms for all sales are 1/10, n/45 2022 $587,000 4,922,400 2021 $585,000 3,931,275 D

The following data are taken from the financial statements of Cullumber Company. Compute for each year the average collection period. (Round answers to 1 decimal place, e.g. 12.5. Use 365 days for calculation.)