Miyagi Data, Inc., sells earnings forecasts for Japanese securities. Its credit terms are 3/20, net 40. Based on experience, 65 percent of all customers will take the discount. (Enter your answer as directed, but do not round intermediate calculations.)

Required:
(a)	What is the average collection period?

Average collection period

days

(b)	If the company sells 1,250 forecasts every month at a price of $2,350 each, what is its average balance sheet amount in accounts receivable? (Enter your answer in dollars, not millions of dollars (e.g., 1,234,567). Round your answer to 2 decimal places (e.g., 32.16).)

Average accounts receivable

$