Belt Company had net sales of $2,225,500,000 and cost of goods sold of $1,479,957,500. Belt had the following balances:

	January 1	December 31
Inventories	$301,500,000	$367,500,000

Required:

Assume 365 days per year.

1. Calculate the average inventory. $fill in the blank 1

2. Calculate the inventory turnover ratio. Round to two decimal places. fill in the blank 2 times

3. Calculate the inventory turnover in days. Round to two decimal places. fill in the blank 3 days