Weller Inc. provided the following particulars for 2017:COGS 1.200,000 Beginning Merchandise Inventory 335,000 Ending Merchandise Inventory 350.000alculate the average number of days that inventory was held by Weller, Inc. during 2017. (Assume 365 days in a year. Round your intermediate calculations two decimal places and give your final answer in the next full day) a. 209 daysb. 107 daysc. 102d. 105

Variable rate cd’s = $90 treasury bills = $150 discount loans = $20 treasury notes = $100 fixed rate cds = $160 money market deposit accts. = $140 savings deposits = $90 fed funds borrowing = $40 variable rate mortgage loans $140 demand deposits = $40 primary reserves = $50 fixed rate loans = $210 fed funds lending = $50 equity capital = $120 a. develop a balance sheet from the above data. be sure to divide your balance sheet into rate-sensitive assets and liabilities as we did in class and in the examples. b. perform a standard gap analysis and a duration analysis using the above data if you have a 1.15% decrease in interest rates and an average duration of assets of 5.4 years and an average duration of liabilities of 3.8 years. c. indicate if this bank will remain solvent after the valuation changes. if so, indicate the new level of equity capital after the valuation changes. if not, indicate the amount of the shortage in equity capital.