Bernstein Inc. Bernstein Inc. is a local retailer. The following selected information is available from their 2011 and 2012 financial statements: Accounts receivable at 12/31/11 $160,000 Accounts receivable at 12/31/12 240,000 Inventory at 12/31/11 300,000 Inventory at 12/31/12 360,000 Net credit sales for 2012 3,400,000 Cost of goods sold for 2012 1,980,000 Net income for 2012 1,000,000

Refer to the Bernstein Inc. information above. What was Bernstein's number of days inventory was held before sale in 2012? (round to two decimal places)

a. 120.46 days

b. 240.13 days

c. 121.67 days

d. 60.83 days