A company's fiscal year included credit sales of $50,000 and cost of goods sold of $35,000. At the beginning of the year, it had $15,000 in inventory and $10,000 in accounts receivable. At the end of the year, it had $12,000 in inventory and $14,000 in accounts receivable. Calculate the days in sales in the account receivable. 85.6 days. 87.6 days. 75.6 days. 90.6 days. An Equipment carrying value is $100,000 and its fair value in the market is $80000. The Equipment's expected annual cash inflow is $22,000 for next 5 years. What amount will be charged for impairment of equipment, if the present value of five-year annuity is $3.79. $16,620. $20,000. $10,000. $3,380