Dahn Corporation has provided the following financial data:

Dahn Corporation has provided the following tinancial data: Balance Sheet December 31, Year 2 and Year 1 Year 2 Year 1 urrent assets. Cash Accounts recervable $227000 134.000 50000 83 (00) 594 000 150,000 130,000 30,000 80000 490 Prepaid expenses tal current assets Plant and equipment, net Total asscts 769000 840 000 1.363 001 330,000 Liabilities and Stockholders' Equity Current llabilities $200000 63000 71000 334.000 Accounts payable Accrued liabilities 180.000 Notes payable, short term 60000 310,000 otal current liabilities Bonds payable Total liabilities Stockholders equity 624.000 Common stock, $5 par value Additional paid-in capital-common stock Retained earnings 400000O 50000 289000 400000O Total stockholders' equity Total lablities& stockholders' equity $1.363.00S1.330.000 Income Statement-Year 2 For the Year Ended December 31, Year 2 Sales (all on account) Cost of goods sold Operating expenses Net opcrating incomc nterest expense Net income before taxes Income taxes (35%) Net income $1,370,000 850000 520000 482,692 37,308 21000 16,308 5,708 Dividends on common stock during Year 2 totaled $1,600. The market price ot commen stock at the end of Year 2 was $2.37 per share. The company's inwentory turnaver far Ycar 2 is closest to O 6.54 567 O 6.07 O 087