Excerpts from Huckabee Company's December 31, 2021 and 2020, financial statements are presented below: 2021 2020

Accounts receivable $86,000 $78,000

Merchandise inventory 64,000 78,000

Net sales 406,000 378,000

Cost of goods sold 246,000 226,000

Huckabee's 2021 average collection period (rounded) is:

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