4 24 points TB MC Qu. 4-132 (Static) Excerpts from Hulkster... Excerpts from Hulkster Company's December 31, 2021 and 2020, financial statements are presented below: Accounts receivable 2021 $ 40,000 2020 $ 36,000 Merchandise inventory $ 28,000 35,000 2017.00 Net sales 190,000 186,000 Cost of goods sold 114,000 108,000 Total assets 425,000 405,000 ebook Total shareholders' equity 240,000 225,000 References Net income 32,500 28,000 Hulkster's 2021 asset turnover is (rounded): Multiple Choice 373 C