Based on the information in the table, and using cost of goods sold and a 365-day year, calculate Days of Sales in Inventory (using cost of goods sold). Round the answers to two decimal places Balance Sheet December 31, 2015 Accounts payable $217,000 Cash and marketable $187,000 securities Accounts receivable $498,000 Inventories $799,000 Prepaid expenses $19,300 Total current $1,503,300 assets Gross fixed assets $1,978,000 Less: accumulated $478.000 depreciation Net fixed assets $1,500,000 Notes payable $51,500 Accrued expenses $58,300 Total current $326,800 liabilities Long-term debt $215,400 Par value and $128,000 paid-in-capital Retained Earnings $2,333,100 Common Equity 2,461,100 Total liabilities and owner's $3,003,300 equity and Total assets $3,003,300 Income Statement, Year of 2015 Net sales (all credit) $5,386,600.00 Less: Cost of goods $3.716,754.00 sold Selling and administrative $329,000.00 expenses Depreciation $138,000.00 expense EBIT $1,202,846.00 Interest expense $39,600.00 Earnings before $1,163,246.00 taxes Income taxes $465,298.40 Net income $697,947.60