27. Kooks Inc. needs to free-up some cash by managing its inventorios. Currently, Kooks has annual cost of goods sold of $1,600,000 and an average inventory balance of $450,000. How much cash will become available if Kooks can shorten its average age of inventory by (8) eight days? (365 days in a year, choose the nearest thousand number) a $ 35,000 b: $ 56,000 c. $137.000 d $ 200,000 e. None of the above 24-25 First compute and fill in the blank