A local hardware store had an average inventory position of

$1$

$7$

$.$

$5$

$$days on hand in

$2$

$0$

$2$

$3$

$.$

$$The company

$$

s COGS were

$8$

$5$

$\%$

$$of its sales, and its annual sales were about $

$3$

$2$

$0$

M that year. What was the local hardware store's average inventory in

$2$

$0$

$2$

$3$

$($

in $M

$)$