Excerpts from Dowling Company's December 31, 2018 and 2017, financial statements and key ratios are presented below (all numbers are in millions: 21 Accounts receivable (net) Net sales Cost of goods sold Net income Inventory turnover Return on assets Equity Multiple 2018 2017 $ 18 29 s 128 $113 $ 75 68 $ 18 30 5.85 11.68 2.49 Dowling's average inventory balance for 2018 is: (Round your answer to 1 decimal places.) Multiple Choice 113. 3.2 2.8