Gertup has maintained the same inventory levels throughout $2005.$ If end of year inventory turnover was increased to $12$ through more efficient relationships with suppliers, how much cash would be freed up $($pick closest number$)?$

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Below is selected data for Gertup Corporation as of $12/31/05$:

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Total assets $$$$5,500$

Current assets $2,750$

Long$-$term debt $450$

Current ratio $2\mathrm{.}5$

Inventory $1,500$

For year ended $12/31/05$

Sales $$$$18,500$

Cost of goods sold $14,800$

Question $2$ options:

$$1,541$

$$1,233$

$$267$

$$42$