4. Estrada V. Escritor sells on terms 3/10, net 30. Total sales for the year are P2,539,130. Forty percent of the customers pay on the tenth day and take discounts; the other 50% percent pay on 30th...

Extracted text: 4. Estrada V. Escritor sells on terms 3/10, net 30. Total sales for the year are P2,539,130. Forty percent of the customers pay on the tenth day and take discounts; the other 50% percent pay on 30th day average, and ten percent, on the average pay 40 days after their purchases. Assume a 365-day year, what is the average amount of receivables? (round to nearest peso amount).