Inventory Analysis The following data were extracted from the income statement of Keever Inc.: Sales Beginning inventories Cost of goods sold Current Year $934,400 53,060 Previous Year $972,400 58,540 Ending inventories 467,200 48,060 540,200 53,060 a. Determine for each year (1) the inventory turnover and (2) the number of days' sales in Inventory. Round Interim calculations to the nearest dollar and the final answers to one decimal place. Assume 365 days a year. Current Year Previous Year 1. Inventory turnover 2. Number of days' sales in Inventory days days b. The Inventory position of the business has . The inventory turnover has , while the number of days' sales in Inventory has