ollow At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net $ 26,409 39,870 $ 38,987 89, 780 62,480 56, 588 1,080 82,5 53,988 8, ses 8,103 3,434 198,959 198,759 159,259 $434,573 $374,632 $383,180 Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by $111,455 65,212 % 41,299 mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity 84,151 88,758 68,995 162,500 162 , see 162,500 76,46758,17e 30,396 $434, 573 $374,632 $303,180 The company's income statements for the years ended December 31 2017 and 2016. follow. Assume that all sales are on 2017 For Year Ended December 31 Sales Cost of goods solod Other operating expenses Interest expense Income taxes Total costs and expenses Net income 2816 $564,945 $445, 812 $344, 616 175, 133 9,604 7,344 $289,778 112,798 18.254 6,687 536,697 28,248 $ 1.74 419,589 $ 26, 303 $ 1.62 Earnings per share (1) Compute days' sales uncollected. x Days Days Sales Uncollec Choose Choose Numerator: Days' Sales Uncollected t assets 0 days o days 2017 2016