The Following Information Relates to LoGo Corporation

The following information relates to LoGo Corporation:

Accounts payable                         $650,000              
Credit purchases                      $21,000,000              
Accounts receivable                  $2,100,000

What is LoGo's payables deferral period (DPO) ? In your computations, assume there are 360 days in the year. 

A) 21.45 days
B) 11.14 days
C) 32.31 days
D) 20.11 days
E) 30.95 days