The following data are pulled from a recent Walsh Manufacturing annual report. Assets Raw material inventory $120,000 Work-in-process inventory $50,000 Finished goods inventory $300,000 Property, plant & equipment $500,000 Other assets Total assets Condensed Income Statement $200,000 $1,170,000 Revenue $2,000,000 Cost of goods sold $600,000 Other expenses $1,000,000 Net income $400,000 Calculate and show steps: a) Percent invested in inventory (4pts) b) Inventory turnover (3 pts) c) Weeks of supply (3 pts) Edit View Insert Format Tools Table 12pt Paragraph BIU A B E v | To O words