Show me the steps to solve the attached problem. Please show via excel by completing each blue and green cell. Please correct any of my mistakes. Kim Mitchell, the new credit manager of the Vinson Corporation, was alarmed to find that Vinson sells on credit terms of net $90$ days

while industry$-$wide credit terms have recently been lowered to net $30$ days. On annual credit sales of $$2\mathrm{.}38$ million, Vinson currently

averages $95$ days of sales in accounts receivable. Mitchell estimates that tightening the credit terms to $30$ days would reduce annual

sales to $$2,255,000,$ but accounts receivable would drop to $35$ days of sales and the savings on investment in them should more than

overcome any loss in profit. Assume that Vinson's variable cost ratio is $64\%,$ taxes are $40\%,$ and the interest rate on funds invested in

receivables is $24\%.$