ORIOLE COMPANY Balance Sheets December 31 2020 Cash $ 37,350 Accounts receivable (net) 174,300 Inventory 149,400 Plant assets (net) 498,000 2019 $ 74,700 149,400 124,500 448,200 $859,050 $796,800 Accounts payable Mortgage payable (15%) Common stock, $10 par Retained earnings $ 124,500 249,000 348,600 136,950 $859,050 $ 149,400 249,000 298,800 99,600 $796,800 Additional information for 2020: 1. Net income was $34,100. 2. Sales on account were $383,000. Sales returns and allowances amounted to $27,900. 3. Cost of goods sold was $224,200. 4. Net cash provided by operating activities was $59,100. 5. Capital expenditures were $27,400, and cash dividends were $19,400. Compute the following ratios at December 31, 2020. (Round current ratio and inventory turnover to 2 decimal places, e.g. 1.83 and all other answers to 1 decimal place, e.g. 1.8. Use 365 days for calculation.) (a) Current ratio. (b) Accounts receivable turnover. times (c) Average collection period. days (d) Inventory turnover. times (e) Days in inventory. days (f) Free cash flow