The balance sheet and income statement for Cruise Corporation are as follows:

Balance Sheet as of December $31,2020$

ASSETS LIABILITIES & EQUITY

Cash & marketable securities $$2,000$ Accounts payable $$30,000$

Accounts Receivable $35,000$ Taxes payable $9,000$

Inventory $15,000$ Short$-$term borrowings $12,000$

Total current assets $$52,000$ Total current liabilities $$51,000$

Net P$,$P & E $$448,000$ Long$-$term debt $$200,000$

TOTAL ASSETS $$500,000$ Total liabilities $$251,000$

Common stock at par $$80,000$

Additional paid$-$in capital $$30,000$

Retained earnings $$139,000$

TOTAL LIABILITIES & EQUITY $$500,000$

Income Statement for the year ending December $31,2020$

Sales $$800,000$

Cost of goods sold $560,000$

Gross profit $$240,000$

S$,$ G & A $100,000$

Operating profit $$140,000$

Interest expense $11,660$

Earnings b$4$ tax $$128,340$

Income tax $39,785$

Net Income $$88,555$

Cruise$$s stock was selling for $$7$ a share at the end of $2020,$ and there were $95$ thousand shares outstanding. Cruise paid dividends of $$0\mathrm{.}05$ a share in $2020.$ Calculate Cruise$$s Cash Conversion Cycle for $2020.$

Group of answer choices

$6$ days

$26$ days

$45$ days

$-4$ days