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3 E i The following information is available for Blossom Company for three recent fiscal years. 2017 2016 2015 Inventory $562,581 $566.776 5332,224 Net sales 1.953.474 1.718.790 1.292.974 Cost of goods sold 1,548,816 1,277,995 928,063 Calculate the inventory turnover, days in inventory, and gross profit rate for 2017 and 2016. (Round inventory turnover to 1 decimal place, eg. 5.2 days in inventory to decimal places, eg. 125 and gross proftrate to 1 decimal places. 5.2%. 2017 2016 18 Inventory Turnover times 119 times 202 days 192 Days in Inventory days 90 Gross Probt Rate IN