Portions of a Corporation's most recent balance sheet (in thousands of dollars) appear below: Year 2 Year 1 Current assets: Cash 5 192 $ 1 00 Accounts receivable, net 222 222 Inventory 172 162 Prepaid expenses 122 122 Total current assets $708 $606 Current liabilities : Accounts payable $232 $212 Accrued liabilities 62 62 Notes payable, short term 122 112 Total current liabilities $416 $386 , Sales on account during the year totaled $1,360 thousand. Cost of goods sold was $960 thousand. Required: Compute the following for Year 2: Compute the following for Year 2: a. Working capital. (Enter your answer in thousands of dollars, i.e., 100,000 should be entered as 100.) b. Current ratio. (Round your answer to 2 decimal places.) c. Acid-test (quick) ratio. (Round your answer to 2 decimal places.) d. Accounts receivable turnover. (Round your answer to 2 decimal places.) e. Average collection period. (Use 365 days in a year. Round your intermediate calculations to 2 decimals places and your final answer to 1 decimal place.) f. Inventory turnover. (Round your answer to 2 decimal places.) 9. Average sale period. (Use 365 days in a year. Round your intermediate calculations to 2 decimals places and your final answer to 1 decimal place.) a. Working capital - b. _ c. Acid-test ratio - ._ . . _ 9