** Please help I don't know why these are wrong. + need help with inventory turnover ratio and days to sell.

College Coasters is a San Diego-based merchandiser specializing in logo-adorned drink coasters. The company reported the following balances in its unadjusted trial balance at December 1. $ 8,600 1,800 320 660 950 90 1,250 300 Cash Accounts Receivable Inventory Prepaid Rent Equipment Accumulated Depreciation Accounts Payable Salaries and Wages Payable Income Taxes Payable Common Stock Retained Earnings Sales Revenue Cost of Goods Sold Rent Expense Salaries and Wages Expense Depreciation Expense Income Tax Expense Office Expenses 5,200 2,700 14,940 7,650 1,210 1,900 90 1,300 The company buys coasters from one supplier. All amounts in Accounts Payable on December 1 are owed to that supplier. The inventory on December 1 consisted of 800 coasters, all of which were purchased in a batch on July 10 at a unit cost of $0.40. College Coasters records its inventory using perpetual inventory accounts and the FIFO cost flow method. During December, the company entered into the following transactions. Some of these transactions are explained in greater detail below. a. Purchased 500 coasters on account from the regular supplier on 12/1 at a unit cost of $0.42, with terms of n/60. b. Purchased 900 coasters on account from the regular supplier on 12/2 at a unit cost of $0.45, with terms of n/60. c. Sold 1,700 coasters on account on 12/3 at a unit price of $1.00. d. Collected $860 from customers on account on 12/4. e. Paid the supplier $1,570 cash on account on 12/18. f. Paid employees $470 on 12/23, of which $300 related to work done in November and $210 was for wages up to December 22. g. Loaded 80 coasters on a cargo ship on 12/31 to be delivered the following week to a customer in Kona, Hawaii. The sale was made FOB destination with terms of n/60. Adjusted COLLEGE COASTERS Trial Balance December 31, 2020 Account Title Debit Credit Cash Accounts Receivable 7,420 2,640 180 950 Inventory Equipment Accumulated DepreciationEquipment Accounts Payable Salaries and Wages Payable Income Taxes Payable Common Stock Retained Earnings Sales Revenue Cost of Goods Sold Depreciation Expense Office Expenses Rent Expense Salaries and Wages Expense Income Tax Expense Total 98 485 140 700 5,200 2,700 16,640 8,405 98 1,490 1,870 2,210 700 25,963 $ 25,963 Adjusted 16,640 8,405 COLLEGE COASTERS Income Statement For the Year Ended December 31 Revenues: Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses: Rent Expense 1,870 Salaries and Wages Expense 2,210 Depreciation Expense 98 Office Expenses 1,490 8,235 |e|e|e|el|o|e|e|e|e|e|e|e|e 0 $ 5,668 2,567 Total Operating Expenses Income before Income Tax Expense Income Tax Expense Net Income 700 1,867 X Adjusted COLLEGE COASTERS Balance Sheet As of December 31 Assets Current Assets Cash Accounts Receivable Inventory Equipment Total Current Assets Accumulated Depreciation-Equipment Total Assets Liabilities Current Liabilities Accounts Payable Salaries and Wages Payable Income Taxes Payable Total Liabilities Stockholders' Equity Common Stock Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity 7,420 2,640 180 950 11,190 (98) X 11,092 485 140 700 1,325 $ mies 5,200 4,567 X 9,767 11,092 $ $ Calculate the inventory turnover ratio and days to sell, assuming that inventory was $500 on January 1 of this year. (Use 365 days a year. Round your intermediate calculations and final answers to 1 decimal place.) Inventory Turnover Ratio Days to Sell times per year days