Western Gas & Electric Co$.\text{'}$s CFO has decided ta take a closer look at the company's credit policy. Western Gas & Electric Co$.$ has annual sales of $$384\mathrm{.}4$ million, and it currently has an accounts receivable balance of $$45\mathrm{.}9$ million. The first step in analyzing the firm's credit policy is to determine its days sales outstanding $($DSO$).$

Based on this information, Western Gas & Electric Co$.\text{'}$s DSO is $q,.($Note: Use $365$ days as the length of a year in all calculations.$)$

The average DSO for Western Gas & Electric Co$.\text{'}$s industry is $54\mathrm{.}1$ days. Assuming that its sales stayed the same, what would be Western Gas & Electric Co$.\text{'}$s receivables balance if it maintained the industry average DSO?

Western Gas & Electric Co$.\text{'}$s CFO thinks that the company has not done a very good job of enforcing its credit policy. The CFO believes that if the company were to better enforce its credit policy, it would reduce its DSO to $30$ days; however, this will cause Western Gas & Electric Co$.$ to lose $4\%$ of its sales revenue. What would Western Gas & Electric Co$.\text{'}$s expected accounts receivables balance be if it decides to tighten its credit policy?

$$31,847,288$

$$30,330,750$

$$27,297,675$

$$33,363,825$