Question: I need the correct answer to this general accounting problem using the standard accounting approach. Orion Systems has an inventory conversion period of 65 days,

I need the correct answer to this general accounting problem using the standard accounting approach.

Orion Systems has an inventory conversion period of 65 days, an average collection period of 45 days, and a payables deferral period of 25 days. Assume that cost of goods sold is 75% of sales, and all sales are on credit. If Orion's annual sales are $4,200,000 and the company uses a 365-day year, what Is the firm's investment in accounts receivable? (Round your final answer to the nearest dollar.)

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