5. On December 31, 2016 IZZY corporation presents the following information in its financial statements: From the statement of financial position: Cash 900,000 Accounts Receivable 1,400,000 Inventory 850,000 Prepaid items 90,000 Accounts Payable 550,000 From the statement of comprehensive income: Sales 7,800,000 Cost of Sales 5,460,000 Operating Expenses 1,450,000 Financing Charges 150,000 REQUIRED: Compute the following: Inventory conversion period Receivable collection period Payable deferral period Cash conversion cycle