Current Ye Ye Ago Yego At December 31 Assets Canh Accounts receivable, net Merchandise inventory Prepaid expenses Plant Assets, net Total asset Liabilities and Equity Accounts payable Long-ter notes payable secured by mortgages on plant assets Common stock. $10 per value Matained earnings Total liabilities and equity 533,026 89.900 113,000 10,635 307,552 5554,213 538,604 539,416 62,700 51.000 84.000 53,000 10.134 4.300 282,312 246,404 471,790 5394,200 $139,379 $ 81,551 532.555 103,234 162,500 147.100 3554,213 110.986 17,989 162.500 162.500 122,733 91.156 5877.770 5 394,200 The company's income statements for the Current Year and 1 Year Ago follow. Assume that all sales are on credit: Current Ye # 920,477 $.439,491 223.340 12,240 For Year Ended December 31 Sales Cont of goods sold Other operating expenses Interest expense Income tax expen Total costu o expenses Net Income Earnings per sbare TE #369,555 163, 643 13,073 3,57 535,002 $33,344 2.06 684.45 $ 16,034 5 Complete this question by entering your answers in the tabs below. Required 4A Required 4B Compute days' sales in inventory. 1 Choose Numerator Ending inventory Days Sales In Inventory Choose Denominator: Cost of goods sold Days 365 x Days Sales In Inventory Days' sales in inventory o days o days x Current Yr: 1 X 1 Yr Ago: Required 4B >