Show Attempt History Current Attempt in Progress 2 Your answer is incorrect. Larkspur, Inc, Inci uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are avaliable at December 31. What amount should be reported on Larkspur, Incis financial statements, assuming the lower-of-cost-or-net realizable value rule is applied? The ending inventory Calculate the irventory turnover for 2020, 2021, and 2022 (Round answers to 1 decimal ploces, eg. 15.2) eTextbook and Media Calculate the days in inventory for 2020, 2021, and 2022 . (Round answers to 1 decimal ploces, es. 15.2) Calculate the gross profit rate for 2020.2021, and 2022. (Round answers to 1 decimal ploces, es. 15.20)