Additional information for 2022: Sunland Company has these comparative balance sheet data: 2. 3. Cost of goods sold was $206,700. 4. Net cash provided by operating activities was $57,100. 5. Capital expenditures were $26,600, and cash dividends were $17,500. 1. 22 Net income was $31,000. Sales on account were $380,200. Sales returns and allowances amounted to $27,700. SUNLAND COMPANY Balance Sheets December 31 2022 2021 Cash $ 33,345 $ 66,690 Compute the following ratios at December 31, 2022. (Round current ratio and inventory turnover to 2 decimal places, e.g. 1.83 and all other answers to 1 decimal place, e.g. 1.8. Use 365 days for calculation.) Accounts receivable (net) 155,610 133,380 Inventory 133,380 111,150 (a) Current ratio. :1 Plant assets (net) 444,600 400,140 (b) Accounts receivable turnover. times $766,935 $711,360 (c) Average collection period. (d) Inventory turnover. (e) Days in inventory. days Accounts payable $111,150 $ 133,380 times Mortgage payable (15%) 222,300 222.300 days Common stock, $10 par 311.220 266.760 (f) Free cash flow. Retained earnings 122,265 88,920 $766,935 $711.360