Required information The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. 2017 2016 2015 $ 24, 744 $ 28,923 S 30,128 89,600 62,500 59,300 112,500 82,500 59,000 7,968 7,592 3,348 188,810 183,676 155, 624 $ 423,622 $ 365,191 $ 307, 400 At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity $ 104,427 $ 61,100 $ 40,171 78,845 83,154 67,256 162,500 162,500 162,500 77,850 58,437 37, 473 $ 423,622 $ 365,191 S 307, 400 L The company's income statements for the years ended December 31, 2017 and 2016, follow. Assume that all sales are on credit: $ 550.709 For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income taxes Total costs and expenses Net income Earnings per share $ 335,932 170,720 9,362 7.159 2016 $ 434,577 $ 282,475 109,948 9,995 6,519 409,937 $ 25,640 523, 173 27.536 $ (1) Compute days' sales uncollected Days' Sales Uncollected Choose Denominator: Choose Numerator: * Days - Days Sales Uncollected Earnings per share 1.58 (1) Compute days' sales uncollected. Days' Sales Uncollected 1 Choose Denominator: Choose Numerator: Days = Days' Sales Uncollected Days' Sales Uncollected days 2017: 2016: days