Question 4 10 pts Potter Industries has the following values on the financial statements: Inventory beginning balance $11,000, ending balance $12,000. Accounts Receivable beginning balance $6,000 and $6,300 ending balance. Accounts Payable beginning balance is $8,200 and ending balance is $8,600. Credit sales of $90,000 and Cost of goods sold of $70,000 Calculate the operating and cash cycles. (Use 365 days a year. Do not round intermediate calculations. Round the final answers to 2 decimal places.) Inventory turnover in days (round to 2 decimals) 60 Receivable period in days (round to 2 decimals) 25 Operating cycles in days (round to 2 decimals) 85 Payables turnover in days (round to 2 decimals) The firm is receiving cash on average Idays after it pays its bills. (round to 2 decimals)