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Watervay Clothing Store had a balance in the Accounts Receivable account of $761000 at the beginning of the year and a balance of $882000 at

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Watervay Clothing Store had a balance in the Accounts Receivable account of $761000 at the beginning of the year and a balance of $882000 at the end of the year. Net credit sales during the year amounted to $11993900. The average collection period of the accounts receivable in terms of days was 14.4 days. 50.0 days. 26.8 days. 25.0 days

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