Sandhill Medical manufactures hospital beds and other institutional furniture. The company's comparative balance sheet and income statement for 2019 and 2020 follow.

Sandhill Medical

Comparative Balance Sheet

As of December 31

	2020	2019
Assets
Current assets
Cash	$380,000	$417,500
Accounts receivables, net	1,023,000	776,400
Inventory	742,000	681,050
Other current assets	381,300	247,050
Total current assets	2,526,300	2,122,000
Property, plant, & equipment, net	8,703,820	8,439,965
Total assets	$11,230,120	$10,561,965
Liabilities and Stockholders' Equity
Current liabilities	$3,169,000	$8,846,000
Long-Term debt	3,702,700	3,892,600
Total liabilities	6,871,700	6,738,600
Preferred stock, $5 par value	58,950	58,950
Common stock, $025 par value	104,600	103,900
Retained earnings	4,194,870	3,660,515
Total Stockholders' equity	4,358,420	3,823,365
Total liabilities and stockholders' equity	$11,230,120	$10,561,965

Sandhill Medical

Comparative Income Statement and Statement of Retained Earnings

For the Year

	2020	2019
sales revenue (all on account)	$10,177,300	$9,614,000
Cost of goods sold	5,612,000	5,298,700
Gross profit	4,565,300	4,315,300
Operating expenses	2,840,300	2,634,200
Net operating income	1,725,000	1,681,100
Intrest expense	300,350	308,650
Net income before taxes	1,424,650	1,372,450
Income taxes (30%)	427,395	411,735
Net Income	$997,225	$960,715
Dividends paid
Preferred dividends	29,450	29,500
Common dividends	433,450	413,050
Total dividends paid	462,900	442,550
Net income retained	534,355	518,165
Retained earnings, the beginning of year	3,660,515	3,142,350
Retained earnings, end of year	$4,194,870	$3,660,515

Calculate the following liquidity ratios for 2020

1. Working capital $ _________
2. Current ratio $_________
3. Acid ratio $_________
4. Accounts receivable $_________

Calculate the following liquidity ratios for 2020

1. Average collection period
2. Inventory turnover

Calculate average days to sell inventory for 2020

Average days to sell inventory ________days