An investment analyst has assembled the following financial information for Royal Minerals, Inc. Assume the company uses LIFO inventory accounting. ($millions) 2022 2021 Cost of Goods Sold $930.20 $897.60 Net Income 43.6 36.3 Inventory 947.1 925 Ending LIFO Reserve* 65.7 51.2 Total Assets 6,947.10 6,215.80 *The ending LIFO reserve at 2020 was $25.6 million. In order to compare Royal Minerals to its competitors, calculate the company's inventory turnover ratio for 2022 using a FIFO basis.