Use the following information to solve the Questions 1, 2, and 3 below: Sellograph Corporation reports sales of $10 million for Year 2, with a gross profit margin of 40%. 20% of Sellograph's sales are on credit. ---Year 1--- Accounts receivable: $ 150,000 Inventory: $ 900,000 Accounts payable: $ 1,100,000 ---Year 2--- Accounts receivable: $ 170,000 Inventory: $ 1,000,000 Accounts payable: $ 1,200,000 1. Accounts receivable days outstanding at the end of Year 2 is closest to: A) 30.6 days B) 28.8 days C) 27.0 days D) 6.1 days