Excerpts from Hulkster Company's December 31, 2021 and 2020, financial statements are presented below:

	2021				2020
Accounts receivable	$	40,000			$	36,000
Merchandise inventory	$	28,000				35,000
Net sales		190,000				186,000
Cost of goods sold		114,000				108,000
Total assets		425,000				405,000
Total shareholders' equity		240,000				225,000
Net income		32,500				28,000

Hulkster's 2021 inventory turnover is (rounded):

Multiple Choice

• 3.62.

• 3.96.

• 4.07.

• 6.03.