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22 3 points The account balances for KinderMorgan are listed below. All balances are as of December 31, 2022, except where noted: Account Title
22 3 points The account balances for KinderMorgan are listed below. All balances are as of December 31, 2022, except where noted: Account Title Balance Account Title Balance Accounts Payable $8,990 Inventory, 1/1/22 $2,040 Accounts Receivable, 1/1/22 4.455 Supplies 7,500 Accumulated Depreciation 21,500 Salaries Expense 11,250 Building 65,000 Net Revenue 54,005 Cash 10,300 Rent Expense 7,850 Common Stock 45,000 Retained Earnings, 1/1/22 23,480 Delivery Truck 9,700 Equipment 15,700 Depreciation Expense 4,210 Prepaid Expenses 2,600 Dividends 2,100 Cost of Goods Sold 16,350 Marketable Equity Securities 3,400 Notes Payable (due 2024) 5,400 Accounts Receivable, 12/31/22 5,250 Inventory, 12/31/22 3,660 Determine the Inventory Turnover: 8.01 1.79 18.95 4.47 O 5.74
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