Information [The following information applies to the questions displayed below.J Simon Company's year-end balance sheets follow. 2017 2016 2015 At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets 35,323 41,290 41,745 90,800 62,700 57,680 111,58e 84,5e0 53,80 11,375 10,839 4,638 338,764 386,673 256,417 $586,962 $506,002 $413,400 Liabilities and Equity Accounts payable Long-term notes payable secured by $149,077 87,225 s 55,660 mortgages on plant assets Common stock, $18 par value Retained earnings Total liabilities and equity 112,556 118,788 93,189 162,580 162,580 162,580 162,829 137,569 182,851 $586,962 $506,082 $413,48e company's income statements for the years ended December 31, 2017 and 2016, follow. Assume that a credit ear 2017 2016 Sales Cost of goods sold Other operating expenses Interest expense Income taxes Total costs and expenses Net income $763,051 $602,142 $465,461 236,546 12,972 9,920 $391,392 152,342 13,849 9,032 724,899 s 38,152 $ 2.35 566,615 $ 35,527 $ 2.19 Earnings per share (4) Compute days' sales in inventory DaysDays Sales In Inventory - Days sales in inventory 2017 2016 days