A local windows manufacturer typically holds a $1.000.000 inventory. They had $2.500,000 in saies last year (COGS is usually 60% of sales revenue). Use this information to answer the following questions. Leave the box below blank. Question 36 (1 point) What was their Cost of Goods Sold last year? Show your calculation. Question 37 (2 points) How many inventory turns did the dealership achieve last year? How many inventory turns did the dealership achieve last year? Note: Inventory Turns =InventoryInvestmentCOGS Show your calculation. Question 38 (1 point) If they could increase their inventory turns ... Note: Inventory Investment =InventoryTurnsCOGS they would have a greater inventory investment. they would have less funds for investment opportunities. they would have a lower inventory investment. they would have a greater inventory investment. they would have less funds for investment opportunities. they would have a lower inventory investment. Question 39 (2 points) Using a calculation, explain your answer to the previous (multiple choice) question. Note: Inventory Investment =InventoryTurnsCOGS