You are provided the following working capital information for Blue Ridge Ltd: Account Beginning balance Ending balance Inventory $ 2600 $2 890 Accounts receivable $ 3222 $2 800 Accounts payable $ 2500 $2 670 Net sales $24 589 Cost of sales $19 630 REQUIRED: If all sales are made on credit, what are the (a) operating and (b) cash conversion cycles for Blue Ridge Ltd? Marks will be awarded for the calculation of Days Sales Outstanding (DSO), Days Sales in Inventory (DSI) and Days Payables Outstanding (DPO). (5 marks) Given your answer to part (b), if the Covid pandemic required holding a larger inventory, would this increase or decrease the cash conversion cycle? How does that affect the cashflow of the business? (1 marks)