Check my work Simon companys year-end balance sheets Tonow. Current Yr 1 Yr Ago 2 Yrs Ago 4 At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity $ 26, 340 89, 100 114,000 8,482 204,099 $442,021 $ 30,789 $ 31,437 62,800 51,000 83,500 53,000 8,082 3,493 195,882 175, 470 $ 381,053 $ 314,400 $111,164 $ 65,042 $ 41,916 ok 83,931 162,500 84,426 $442,021 88,519 70, 177 162,500 162,500 64,992 39,807 $ 381,053 $ 314, 400 + inces The company's income statements for the Current Year and 1 Year Ago, follow. Assume that all sales are on credit: Por Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net income Earnings per sharo Current Yr $ 574,627 $ 350,522 178, 134 9,769 7,470 545,895 $ 28,732 $ 1.77 1 Yr Ago $ 453,453 $ 294,744 114, 724 10,429 6,802 426,699 $ 26,754 $ 1.65 Required information Complete this question by entering your answers in the tabs below. Required 1A Required 1B Compute days' sales uncollected. Choose Numerator: Days' Sales Uncollected | Choose Denominator: X Days Days' Sales Uncolle Days' Sales Uncolle Current Yr: 1 Yr Ago: 0 days 0 days Required 1A Required 1B > Required 2A Required 2B Compute accounts receivable turnover. Choose Numerator: Accounts Receivable Turnover 1 Choose Denominator: Accounts Receivable Turnover Accounts receivable turnover times Current Yr: 1 1 Yr Ago: 1 times Required 2A Required 2B > Complete this question by entering your answers in the tabs below. Required 3A Required 3B Compute inventory turnover. Choose Numerator: Inventory Turnover Choose Denominator: Inventory Turnover Inventory turnover Current Yr: times 1 Yr Ago: times Raqulrad 3A Required 3B > Complete this question by entering your answers in the tabs below. Required 4A Required 4B Compute days' sales in inventory. Days' Sales In Inventory Choose Denominator: Choose Numerator: 1 Days 1 X Days' Sales In Inventory Days' sales in inventory o days o days X Current Yr: 1 Yr Ago: Required 4A Required 4B >