The following financial information is for alpha corporation are for the fiscal years ending 2017 & 2016 (all balances are normal): item/account 2017 2016 accounts receivable $9,800 $9,400 inventory 30,000 16,000 net sales (all credit) 85,000 71,000 cost of goods sold 62,000 52,000 net income 7,200 6,900 use this information to determine for fy 2017: (round & enter your answers to one decimal place and enter the value.)