Bakers Dozen Inc.

The Balance Sheet and Income Statement of Baker Dozen Inc. as of and for the twelve months ended December 31, 2015 shows the following information (in thousands):

Opening (Prior Period) and Ending balances

Accounts Receivable Opening $4,155, Ending. $4,650

Accounts Payable Opening $5,200, Ending $5,750

Inventory Opening $2,150, Ending 3,150

Sales on Credit (12months) $57,450

Cost of Goods Sold (COGS) (12 months) 45,100

QUESTION: Using this information, how many days were in the Inventory Conversion Period in 2015?

21 days

45 days

15 days

None of the above