Sunland Medical manufactures hospital beds and other institutional furniture. The company's comparative balance sheet and income statement for 2019 and 2020 follow. Long-term debt Total liabilities Preferred stock, $5 par value Common stock, $0.25 par value 104,600103,850 Retained earnings Total stockholders' equity Sunland Medical Comparative Income Statement and Statement of Retained Earnings For the Year Sales revenue (all on account) Cost of goods sold Gross profit Operating expenses Net operating income Net income before taxes ncome taxes (30\%) Dividends paid Preferred dividends Common dividends Total dividends paid Net income retained \begin{tabular}{rrr} 29,550 & & 29,450 \\ 433,350 & & 413,100 \\ \hline 462,900 & & 442,550 \\ \hline 534,425 & & 518,165 \end{tabular} Retained earnings, beginning of year Retained earnings, end of year $4,194,9403,660,515$3,660,5153,142,350 1-d) Calculate the following liquidity ratios for 2020 . (Round overage collection perlod to 0 decimal ploce, es. 25 and imventory turnover ratio to 2 decimal places, eg 5.12. Use 365 days for colculation.) a. Average collection period days b. Inventory turnover times