You are in your final year of your commerce tertiary studies and one of your relatives, a business owner, believes that you have sufficient financial acumen to assist him analyse his financial statements prepared by the accountant. 1.1 The table below gives information extracted from the annual financial statements of SKJ n others for the past year. SKJ n others - Extracts from annual accounts Inventories: raw materials R108,000 work in progress R75,600 finished goods R 86,400 Purchases of raw materials R518,400 Cost of production R675,000 Cost of goods sold R756,000 Sales R864,000 Receivables R172,800 Payables R 86,400. (10) Calculate the length of the working capital cycle (assuming a 365 day year)