5) The following financial information is available for a firm. Calculate DIH, DSO, DPO, Operating Cycle and CCC. Income Statement Sales Cost of Goods Sold Gross Profit 2019 6,204,100 4,095,500 2,108,600 Balance Sheet Accounts Receivable Inventory Accounts Payable 2019 527,400 706,700 482,400 2018 624,500 819,800 525, 200 Firm Industry 2019 DIH 59 DSO 28 DPO 47 Operating Cycle 87 Cash Conversion Period 40 DIH Avg. Inventory COGS 365 DSO- Avg, A/R Sales 365 DPO Avg. A/P COGS 365 A. If the firm performed as well as the average firm in the industry, how would it affect the resources invested in Inventory and Accounts Receivable (how much less cash would be tied up in Inv. and A/R)? B. What incremental benefit could be derived from Accounts Payable (how much more would the firm owe in A/P) if the firm paid its suppliers at the average industry DPO