The following information is taken from Reagan... The following information is taken from Reagan Company's December 31 balance sheet: Cash and cash equivalents $8,419 Accounts receivable 70,422 Merchandise inventories 60,362 Prepaid expenses 4,100 Accounts payable $14,950 Notes payable 86,638 Other current liabilities 9,500 If net credit sales for the current year were $612,000, the firm's days' sales uncollected for the year is:MC Qu. 91 The following information is taken from Reagan...The following information is taken from Reagan Company's December 31 balance sheet:Cash and cash equivalents $8,419Accounts receivable 70,422Merchandise inventories 60,362Prepaid expenses 4,100Accounts payable $14,950Notes payable 86,638Other current liabilities 9,500If net credit sales for the current year were $612,000, the firm's days' sales uncollected for the year is: