According to RIBNA's balance sheets, its inventory for the months of Jan, Feb, and Mar has been $155,678,$121,889, and $141,797 respectively. The company's income statement shows that RIBNA has spent $1,243,718,$1,140,829, $7,776,628, and $248,744 for Labor, Materials, Subcontracts, and Equipment. Based on the above scenario, which statement is correct? The average age ratio for RIBNA's inventory in Q1 is around 11 days The average age ratio for RIBNA's inventory in Q1 is around 5 days The average age ratio for RIBNA's inventory in Q1 is around 45 days None of the given answers is correct