Based on the income statement and balance sheet for Bankowski Corporation, calculate the company's Inventory Turnover for 2017. Round your answer to 1 decimal place. $504.000 (486.100) Bankowski Corporation Income Statement For Year Ended December 31, 2017 Sales Cost of goods sold $327.600 Depreciation expense 33.000 Other operating expenses 125,500 Other gains (losses): Gain on sale of equipment Income before taxes Income tax expense Net income Bankowski Corporation Balance Sheets At December 31 2017 5.200 $23.100 (4.800) $18,300 2016 Assets: A MacBook DO DOG F4 DD E F7 FND 2017 2016 Assets: $62,650 $55,800 21,000 29,000 58,000 52,100 240,000 222,000 (97,000) (96,000) $284,650 $262,900 Cash Accounts receivable Inventory Equipment Accumulated depreciation Total assets Liabilities: Accounts payable Income taxes payable Total liabilities Equity: Common stock Paid-in Capital in excess of par value Retainedeamings Total equity Total liabilities and equity $28,400 1,050 $29,450 $23,700 1,200 $24,900 $106,000 $106,000 18,000 18,000 131,200 114,000 $255,200 $238,000 $284,650 $262.900 7 668/quizzes/227868/take/questions/4964304 Paid-in Capital in excess of parvalu Retainedeamings Total equity Total liabilities and equity O 8.7 O 5.6 O 6.0 O 0.2