1) Average collection period for year 2?

2) Average sales period for year 2?

Financial statements for Maraby Corporation appear below: Maraby Corporation Balance Sheet December 31, Year 2 and Year 1 (dollars in thousands) Year 2 Year 1 Current assets: S 220 S 190 Cash and marketable securities Accounts receivable, net 190 160 Inventory 140 150 Prepaid expenses 70 80 Total current assets 620 580 Noncurrent assets: Plant & equipment, net 1.180 1,150 Total assets s 1,800 S 1,730 Current liabilities: Accounts payable $ 100 S 120 Accrued liabilities 100 70 Notes payable, short term 160 160 360 350 Total current liabilities Noncurrent liabilities: Bonds payable 450 500 Total liabilities 810 850 Stockholders' equity: Common stock, S5 par 160 160 Additional paid-in capital 200 200 Retained earnings 630 520 Total stockholders' equity 990 880 Total liabilities & stockholders' equity S 1,800 S 1,730 Maraby Corporation Income Statement For the Year Ended December 31, Year 2 (dollars in thousands) ales (all on account) S 1,960 Cost of goods sold 1,370 590 Gross margin Selling and administrative expense 230 Net operating income 360 Interest expense 50 Net income before taxes 310 Income taxes (3096) 93 Net income Us 217