The Monster Truck operates several specialty vehicles that provide hot food and beverages for firms that have workers employed in outlying regions. The company has annual sales of $$632,300.$ Cost of goods sold average $55$ percent of sales and the profit margin is $6\mathrm{.}8$ percent. The average accounts receivable balance is $$37,000.$ On average, how long does it take the company to collect payment for its services? Assume $365$ days per year.

Multiple Choice

$17\mathrm{.}09$ days

$32\mathrm{.}18$ days

$21\mathrm{.}36$ days

$19\mathrm{.}58$ days

$17\mathrm{.}62$ days