Sunland Medical manufactures hospital beds and other institutional furniture. The companys comparative balance sheet and income statement for 2015 and 2016 follow.

Sunland Medical Comparative Balance Sheet As of December 31
		2016		2015
Assets
Current assets
Cash		$398,000		$417,450
Accounts receivable, net		1,099,000		776,450
Inventory		746,000		681,000
Other current assets		381,350		247,000
Total current assets		2,624,350		2,121,900
Property, plant, & equipment, net		8,645,005		8,440,010
Total assets		$11,269,355		$10,561,910
Liabilities and Stockholders Equity
Current liabilities		$3,209,000		$2,846,050
Long-term debt		3,702,600		3,892,700
Total liabilities		6,911,600		6,738,750
Preferred stock, $5 par value		58,950		59,000
Common stock, $0.25 par value		104,650		103,850
Retained earnings		4,194,155		3,660,310
Total stockholders equity		4,357,755		3,823,160
Total liabilities and stockholders equity		$11,269,355		$10,561,910

Sunland Medical Comparative Income Statement and Statement of Retained Earnings For the Year
		2016		2015
Sales revenue (all on account)		$10,177,250		$9,613,900
Cost of goods sold		5,612,700		5,298,700
Gross profit		4,564,550		4,315,200
Operating expenses		2,840,300		2,634,200
Net operating income		1,724,250		1,681,000
Interest expense		300,400		308,700
Net income before taxes		1,423,850		1,372,300
Income taxes (30%)		427,155		411,690
Net income		$996,695		$960,610
Dividends paid
Preferred dividends		29,500		29,550
Common dividends		433,350		413,050
Total dividends paid		462,850		442,600
Net income retained		533,845		518,010
Retained earnings, beginning of year		3,660,310		3,142,300
Retained earnings, end of year		$4,194,155		$3,660,310

Calculate the following liquidity ratios for 2016. (Round average collection period to 0 decimal place, e.g. 25 and inventory turnover ratio to 2 decimal places, e.g. 5.12. Use 365 days for calculation.)

a.	Average collection period		days
b.	Inventory turnover		times