Canadian Bacon Inc. financial statements are presented in the table below.

Based on the information in the table, and using a 365-day year, calculate Average Day's Purchases.

Round the answers to two decimal places

Balance Sheet December 31, 2011

Cash and marketable securities$143,000 Accounts payable$278,000

Accounts receivable$354,000 Notes payable$87,000

Inventories$672,000 Accrued expenses$65,000

Prepaid expenses$12,500 Total current liabilities$430,000

Total current assets$1,181,500 Long-term debt$284,000

Gross fixed assets$1,675,000 Par value and paid-in-capital$228,000

Less: accumulated depreciation$500,000 Retained Earnings$1,414,500

Net fixed assets$1,175,000 Common Equity1,642,500

Total assets$2,356,500 Total liabilities and owner's equity$2,356,500

Income Statement Year of 2011

Net sales (all credit)$3,136,600.00

Less: Cost of goods sold$2,195,620.00

Selling and administrative expenses$345,000.00

Depreciation expense$146,000.00

EBIT$449,980.00

Interest expense$45,300.00

Earnings before taxes$404,680.00

Income taxes$161,872.00

Net income$242,808.00