During the year 2020, Pinstripes, Inc. purchased $2,200,000 of inventory. The cost of goods sold for 2020 was $1,800,000. The ending inventory at December 31, 2020 was $400,000 and the beginning inventory was zero. What was the inventory turnover for 2020? a. b. 4.0. 5.0. 6.0. 8.0. 9.0. d. Based on the facts in Question #6, on average, approximately how many days during the year does Pinstripes, Inc.'s inventory sit on its shelves before that inventory is sold? (Choose the best answer from those provided.) a. b. Approximately 9 days. Approximately 40 days. Approximately 60 days. Approximately 80 days. d. Quark Inc. just began business and made the following four inventory purchases during Year 1: Day 1 150 units $ 990 Day 60 200 units $1,344 Day 150 200 units $ $1,368 Day 320 150 units $1,062 $4,764 A physical count of merchandise inventory on December 31 reveals that there are 200 units on hand. Using the FIFO periodic inventory method, the amount allocated to ending inventory on December 31, Year 1 is: a. b. $1326. $1320. $1404. $1416. . d