Using the data for 2016 and 2015, calculate the inventory turnover for each year. The beginning inventory for year 2015 was $98,000.

Austin, Ind Comparative Income Statement Years Ended December 31, 2016 and 2015 Amounts 2016 2015 Sales Less Sales Returns and Allowances Net Sales Cost of Goods Sold Gross Profit on Sales Selling Expenses General Expenses Total Expenses et Income before Income Taxes Income Tax Expense Net Income after Income Taxes 16 7 1 07515 1966 5 9 6075 8 46 6 5 15 7 50 0 0 14 3 5000 10426 5 0 532 3 5 01 2 1 5 0 0 0 2 1 0 0 0 0 4 2 5 000 11017[3 5 01 487900 2 05 0 00 19 00 0 0 9 2 9 00 2787 0 6 5 0 3 0 3 2 2 05 7 5 1 45