Common Stock$400100$400100Retained Earnings$37.00$32.00Total Liabilities$1.390.00$1.558100Sales2021202254.682 45Cost of Gooch Sold1455878QuestionsAstume Adam Corp. han this balance sheet and they is projecting these sales and cost of goods fold.How long is the Operating Cycle for the current year?DQuestion 71211 001Q 2 0 9 Fig2021$45100$50100AJR$21100$19200Inventory$13-400$114004390.00$358 00Net Fixed Assets$1 000.00$1300 00Total Assets$1,390 00$1,558.0020212022Accounts Payable$37 7/00$315/00Holon Parable$150.00$125.DO1527 00Long Term DebiCommon Stock13200Then Lublitter$1 390.403021Cost of Goods Sold