Consider the following financial statement information for the Newk Corporation. Assume all sales are on credit. Calculate the operating and cash cycles. Input Area: Item Inventory A/R A/P Credit sales COGS Days per year Beginning $12,435 $6,120 $7,930 Ending $15,615 $6,287 $9,140 $143,187 $79,218 365 (Use cells A6 to D12 from the given information to complete this question.) Output Area: Inventory turnover Inventory Period Receivable turnover Receivable period Operating cycle Payables turnover Payables period Cash cycle