Required information [The following information applies to the questions displayed below] Simon Company's year-end balance sheets follow. At December 31 Assets Current Year 1 Year Ago 2 Years Ago Cash Accounts receivable, net $ 30,521 89,100 Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable 114,000 9,829 258,796 $ 502,246 97,255 $ 128,811 Long-term notes payable Common stock, $10 par value Retained earnings Total liabilities and equity $ 35,677 62,200 84,500 9,365 241,229 $ 432,971 $ 75,367 102,571 162,500 92,533 162,500 113,680 502,246 $ 432,971 $ 35,720 50,300 58,000 3,969 202,311 $ 350,300 $ 47,627 79,739 162,500 60,434 $ 350,300 The company's income statements for the current year and one year ago follow. Assume that all sales are on credit: For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net income Earnings per share Current Year $ 652,920 $ 398,281 202,405 1 Year Ago 515,235 11,100 8,488 620,274 $ 32,646 $ 2.01 $ 334,903 130,354 11,850 7,729 484,836 $ 30,399 $ 1.87 Complete this question by entering your answers in the tabs below. Required 1A Required 1B Compute days' sales uncollected. Current Year: 1 Year Ago: Days' Sales Uncollected Numerator: 1 Denominator: X Days x = Days' sales uncollected X = days X === days < Required 1A Required 1B >