College Coasters is a San Dlego-based merchandiser speclallzIng in logo-adorned drink coasters. The company reported the following balances in its unadjusted trial balance at December 1. The company buys coasters from one supplier. All amounts in Accounts Payable on December 1 are owed to that supplier. The Inventory on December 1 consisted of 1,000 coasters, all of which were purchased in a batch on July 10 at a unit cost of $0.40. Colles Coasters records its Inventory using perpetual Inventory accounts and the FIFO cost flow method. During December, the company entered Into the following transactions. Some of these transactions are explained In greater detall below. a. Purchased 500 coasters on account from the regular supplier on 12/1 at a unit cost of $0.42, with terms of n/60. b. Purchased 900 coasters on account from the regular supplier on 12/2 at a unit cost of $0.45, with terms of n/60. c. Sold 1,800 coasters on account on 12/3 at a unit price of $1.00. d. Collected $840 from customers on account on 12/4. e. Paid the supplier $1,490 cash on account on 12/18. f. Pald employees $480 on 12/23, of which $260 related to work done In November and $220 was for wages up to December 22 . g. Loaded 100 coasters on a cargo ship on 12/31 to be dellvered the following week to a customer In Kona, Hawall. The sale was mad FOB destination with terms of n/60. Other relevant Information includes the following at 12/31 : h. College Coasters has not yet recorded $180 of office expenses Incurred in December on account. I. The company estimates that the equipment depreclates at a rate of $9 per month. One month of depreciation needs to be recorded. J. Wages for the perlod from December 23-31 are $100 and will be pald on January 15. k. The $660 of Prepald Rent relates to a six-month perlod ending on May 31 of next year. 1. The company Incurred $700 of Income tax but has made no tax payments this year. m. No shrinkage or damage was discovered when the Inventory was counted on December 31 . n. The companv did not declare dividends and there were no transactions Involvinq common stock. Answer is not complete. Calculate the inventory turnover ratio and days to sell, assuming that inventory was $400 on January 1 of this year. (Use 365 days a year. Round your intermediate calculations and final answers to 1 decimal place.)