Dahn Corporation has provided the following financial data:

Balance Sheet
December 31, Year 2 and Year 1
Assets	Year 2			Year 1
Current assets:
Cash	$	227,000		$	150,000
Accounts receivable, net		134,000			130,000
Inventory		150,000			130,000
Prepaid expenses		83,000			80,000
Total current assets		594,000			490,000
Plant & equipment, net		769,000			840,000
Total assets	$	1,363,000		$	1,330,000
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	200,000		$	180,000
Accrued liabilities		63,000			70,000
Notes payable, short term		71,000			60,000
Total current liabilities		334,000			310,000
Bonds payable		290,000			290,000
Total liabilities		624,000			600,000
Stockholders’ equity:
Common stock, $5 par value		400,000			400,000
Additional paid-in capital		50,000			50,000
Retained earnings		289,000			280,000
Total stockholders’ equity		739,000			730,000
Total liabilities & stockholders’ equity	$	1,363,000		$	1,330,000

Income Statement
For the Year Ended December 31, Year 2
Sales (all on account)	$	1,370,000
Cost of goods sold		850,000
Gross margin		520,000
Operating expenses		482,692
Net operating income		37,308
Interest expense		21,000
Net income before taxes		16,308
Income taxes (35%)		5,708
Net income	$	10,600

Dividends on common stock during Year 2 totaled $1,600. The market price of common stock at the end of Year 2 was $2.37 per share.

The company’s operating cycle for Year 2 is closest to:

The company’s average collection period for Year 2 is closest to: