Problem 3 Selected Financial data from Feeney Industries (wholesaler) is presented below. 2017 Income Statement Data (not in order). $60,000 $650,000 $18,000 S1,000,000 $95,000 $20,000 Sales Returns and Allowances Cost of Goods Sold Freight Out Sales Salaries Expense Sales Discounts Balance Sheet Data (not in order) 1231/17 12/31/16 Cash $30,000 $40,000 $90,000 A/R $70,000 Merchandise Inventory $40,000 s80,000 A/P $25,000 $22,000 Based on the data above, compute the following: (Show all work) 2017 Net Sales 2017 Gross Profit 2017 Inventory Turnover 2017 Days in Inventory