The Ward Company has provided the following information:

• Net sales totaled $870,000.
• Beginning net accounts receivable was $71,000.
• Ending net accounts receivable was $97,000.

What was Ward's average collection period? (Use 365 days a year. Do not round intermediate calculations.)

35.24 days.

29.79 days.

40.70 days.

70.48 days.