Gauntlett incorporated reported the following results from last year's operations: 10 llock Sales $ 12,000,000 Variable expenses 9,580,000 Contribution margin 2,420,000 Fixed expenses 1,460,000 Net operating income $ 960,000 Average operating assets $ 5,000,000 At the beginning of this year, the company has a $1.300.000 investment opportunity with the following characteristics: Sales $ 4,680,000 Contribution margin ratio 50% of sales Fixed expenses $ 2,059, 200 The turnover for this year's investment opportunity considered alone is closest to