Precision Tool 2011 and 2012 Balance Sheets 2011 2011 2012 $1,003 2012 58.384 Cash $2,060 $7,260 Accounts rec. 3,411 4.218 9.800 11.500 Accounts payable Long-term debit Common stock Retained earning Inventory 18.776 21.908 18,000 17.500 Total $24.247 $27.129 6,357 Net fixed assets 1.6 14.NO $38.407 Total asets S41.209 Total liab & equity $18.402 541.209 $36,408 Precision Tool 2012 Income Statement Net sales Less: Cost of goods sold Less: Depreciation Earnings before interest and taxes Less Interest paid 28,225 1.760 6,423 510 Taxable income $5,913 Less: Taxes 2.079 53.843 Net Income How many days on average does it take Precision Tool to sell its inventory? (Use 2012 values) 164.30 days 187.77 days 219.63 days 247.46 days 283.31 days winnin another cuestion will save this response