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, 2014

Cash and marketable securities $132,000

Accounts payable $399,000

Accounts receivable $311,000

Notes payable $98,500

Inventories $512,000

Accrued expenses $89,300

Prepaid expenses $11,300

Total current liabilities $586,800

Total current assets $966,300

Long-term debt $799,400

Gross fixed assets $2,104,000

Par value and paid-in-capital $298,000

Less: accumulated depreciation $398,000

Retained Earnings $988,100

Net fixed assets $1,706,000

Common Equity 1,286,100

Total assets $2,672,300

Total liabilities and owner's equity $2,672,300

Income Statement, Year of 2014

Net sales (all credit) $4,276,600.00

Less: Cost of goods sold $3,292,982.00

Selling and administrative expenses $349,000.00

Depreciation expense $148,000.00

EBIT $486,618.00

Interest expense $49,600.00

Earnings before taxes $437,018.00

Income taxes $174,807.20

Net income $262,210.80