Matoika Manfacturing has annual sales of $4,800,000. The average collection period is 24 days. What is the average investment in accounts receivable as shown on the balance sheet? Assume 365 days per year. (Enter the answer in dollars. Do not round intermediate calculations. Round the final answer to nearest whole dollar amount. Omit $ sign in your response.) Lane Incorporated has the following values on the financial statements: Inventory beginning balance $12,000, ending balance $13,000. Accounts Receivable beginning balance $7,000 and $7,300 ending balance. Accounts Payable beginning balance is $9,200 and ending balance is $9,600. Credit sales of $100,000 and Cost of goods sold of $80,000. Calculate the operating and cash cycles. (Use 365 days a year. Do not round intermediate calculations. Round the final answers to 2 decimal places.) Inventory turnover in days (round to 2 decimals) Receivable period in days (round to 2 decimals) Operating cycles in days (round to 2 decimals) Payables turnover in days (round to 2 decimals) The firm is receiving cash on average days after it pays its bills. (round to 2 decimals)