please answer the questions at the bott woth work shown. thank you!

20. Sales 400 (26) Below is the projected financial information for Daisy Digital Data (DDD) for the next four quarters: 0 Otr 1 Otr 2 Otr 3 Qtr 4 Year Total 10,000 12,000 16,000 9,000 47,000 COGS 7,000 8,400 11,200 6,300 32,900 Depreciation 600 800 800 2,600 Net income 800 1,100 2,100 600 4,600 Net capital spending 1,000 1,200 0 0 Average Accounts receivable 1,200 1,400 1,300 1,000 1,225 Inventory 2,800 3,400 4,600 2,200 2,100 3,020 Accounts payable 1,600 1,900 2,700 1,200 1,300 1.740 Net income includes additional expenses other than those listed. What are DDD's permanent and temporary working capital needs? If DDD ends quarter 0 with $200 in cash, then what are DDD's maximum borrowing needs and in what quarter does this occur? What are DDD's average operating cycle and average cash conversion cycle (in days)