From the following information extracted from the books of a manufacturing company $,$ compute the operating cycle in days and the amount of working capital required assuming total operating cost is equal to cost of sales

Average Total of Debtors Outstanding $48000$

Raw Material consumption $440000$

Total production cost $1000000$

Total cost of sales $1050000$

sales for the year $1600000$

Value of Average Stock Maintained :

Raw material $32000$

Work$-$in$-$progress $35000$

Finished goods $26000.$

Average period of credit allowed by suppliers in days $16.$