Benson Company shows the following data on its 2013 financial statements: Merchandise inventory, January 1 900,000 Merchandise inventory, December 31 1,020,000 Net sales 4,620,000 Cost of goods sold 3,360,000 Interest on bonds 192,000 Net income 384,000 The inventory turnover is: 5 times per year. O4.8125 times per year. 3.5 times per year. 4 times per year