accounting

Anthony Thomas Candies (ATC) reported the following financial data for 2016 and 2015: 2016 2015 Sales $305,000 $284,000 Sales returns and allowances 9,000 6,000 Net sales $296,000 $278,000 Cost of goods sold: Inventory, January 1 43,000 36,000 Net purchases 152,000 146,000 Goods available for sale 195,000 182,000 Inventory, December 31 57,000 43,000 Cost of goods sold 138,000 139,000 Gross profit $158,000 $139,000 The average days inventory for ATC (rounded) for 2016 is: O 151 days. O 132 days. O Less than 100 days. O 114 days