At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Current Yr 1 Yr Ago 2 Yrs Ago $ 27,524 $ 32,173 $ 32,212 89,100 113,500 62,000 51,300 82,500 55,000 8,864 8,445 3,579 213,936 205,334 173,809 $452,924 $390,452 $315,900 $116,161 $ 67,966 $ 42,950 92,498 71,908 87,704 Common stock, $10 par value Retained earnings 162,500 162,500 162,500 86,559 67,488 38,542 Total liabilities and equity $452,924 $390,452 $315,900 The company's income statements for the Current Year and 1 Year Ago, follow. Assume that all sales are on credit: For Year Ended December 31 Sales Current Yr $588,801 1 Yr Ago $464,638 Cost of goods sold $359,169 $302,015 Other operating 182,528 117,553 expenses Interest expense 10,010 Income tax expense 7,654 10,687 6,970 Total costs and 559,361 437,225 expenses Net income $ 29,440 $ 27,413 Earnings per share $ 1.81 $ 1.69 (1-a) Compute days' sales uncollected. (1-b) For each ratio, determine if it improved or worsened in the current year. Complete this question by entering your answers in the tabs below. Required Required 1A 1B Compute days' sales uncollected. Current Yr: 1 Yr Ago: Days' Sales Uncollected Choose Numerator: / Choose Denominator: x Days Days' Sales Uncollected Days' Sales Uncollected 0 days 0 days