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 cash conversion cycle Round the answers to two decimal places Balance Sheet December 31, 2013 Accounts payable $211,000 Cash and marketable $112.000 securities Accounts receivable $325,000 Inventories $426,000 Prepaid expenses $10.700 Total current assets $873,700 Gross fixed assets $1,514,000 Less: accumulated 250 $315,000 depreciation Net fixed assets $1,199,000 Notes payable $51.500 Accrued expenses $50,100 Total current $312,600 liabilities Long-term debt $225,000 Par value and $117.000 paid-in-capital Retained Earnings $1,418,100 Common Equity 1,535,100 Total liabilities and owner's $2,072,700 equity Total assets $2,072,700 Income Statement, Year of 2013 Net sales (all credit) $3,256,600.00 Less: Cost of goods $2,572,714.00 sold Selling and administrative $323,000.00 expenses Depreciation expense $115.000.00 EBIT $245,886.00 Interest expense $29.600.00 Earnings before $216,286.00 Income taxes $86,514.40 Net income $129.771.60 taxes