Trimaz Co. has the following selected information from its financial statements:

in thousands of dollars	20X9			20X8
Revenues	$	2,810		$	2,245
Cost of goods sold	$	2,390		$	1,698
Accounts receivable	$	760		$	735
Inventories	$	690		$	635
Accounts payable	$	751		$	775

1. Calculate the cash conversion cycle for 20X9 and 20X8. (Use closing balances, rather than average balances, in the calculations.) (Do not round your intermediate calculations. Round your final answers to 1 decimal place. Use 365 days in a year.)

2. The company would like to improve its cash conversion cycle by three days by changing its days in inventory for 20X9. What would the revised inventory balance have to be to accomplish this reduction? (Round your intermediate calculations to 1 decimal place and final answer to the nearest dollar amount. Use 365 days in a year.)