Inventory Analysis The following account balances are taken from the records of Carroll Corp., a wholesaler of fresh fruits and vegetables: Merchandise inventory Cost of goods sold Required: (Assume 360 days in a year) December 31 2017 2016 2015 $230,000 $145,000 $120,000 2017 2016 $7,140,000 $8,100,000 1. Carroll's inventory turnover ratio for 2017 and 2016, respectively, are ( 2. Its number of days' sales in inventory for 2017 and 2016, respectively, are ( 3. The average age of its inventory has for the inventory is and and significantly from the prior period. The company may decide that they have problems with the quality or the products are priced tool