Negus Enterprises has an inventory conversion period of 61 days, an average collection period of 36 days, and a payables deferral period of 30 days. Assume that cost of goods sold is 80% of sales. Assume a 365-day year. Do not round intermediate calculations.

1. What is the length of the firm's cash conversion cycle? Round your answer to the nearest whole number.

   ? days

2. If annual sales are $4,124,500 and all sales are on credit, what is the firm's investment in accounts receivable? Round your answer to the nearest dollar.

   ? $

3. How many times per year does Negus Enterprises turn over its inventory? Round your answer to two decimal places.

   ?