4 Consider the following financial statement information for the Newk Corporation: Item Inventory Beginning $ 12,435 Accounts receivable 6,120 7,930 $ 143,187 79,218 Ending $ 15,615 6,287 9,140 Accounts payable Net sales Cost of goods sold Assume all sales are on credit. Calculate the operating and cash cycles. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Operating cycle Cash cycle days days