Required information [The following information applies to the questions displayed below.) Simon Company's year-end balance sheets follow. At December 31 2017 2016 2015 Assets Cash $ 37,391 $ 43,707 $ 44,189 Accounts receivable, net 89,300 62,000 56,700 Merchandise inventory 111,500 82,000 55,000 Prepaid expenses 12,041 11,473 4,910 Plant assets, net 371,090 336, 442 276,801 Total assets $ 621,322 $ 535,622 $ 437,600 Liabilities and Equity Accounts payable $ 157,803 $ 92,331 $ 58,918 Long-term notes payable secured by mortgages on plant assets 119,145 125,657 98,644 Common stock, $10 par value 162,500 162,500 162,500 Retained earnings 181,874 155, 134 117,53B Total liabilities and equity $ 621,322 $ 535,622 $ 437,600 The company's income statements for the years ended December 31, 2017 and 2016, follow. Assume that all sales are on credit: 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 2017 $ 807,719 $ 492,709 250,393 13,731 10,500 767,333 $ 40,386 2016 $ 637,390 $ 414,304 161,260 14,660 9,561 599,785 $ 37,605 $ 2.31 s 2.49 (1) Compute days' sales uncollected. Days' Sales Uncollected Choose Numerator: 1 Choose Denominator: X Days Days' Sales Uncollected X 2017: 2016: Days' Sales Uncollected days days