Jasper Furnishings has $400 million in sales. The company expects that its sales will increase 11% this year. Jasper's CFO uses a simple linear regression to forecast the company's inventory level for a given level of projected sales. On the basis of recent history, the estimated relationship between inventories and sales (in millions of dollars) is as follows: Inventories = $45 + 0.280(Sales) Given the estimated sales forecast and the estimated relationship between inventories and sales, what are your forecasts of the company's year-end inventory level? Enter your answer in millions of dollars. Do not round intermediate calculations. Round your answer to three decimal places. $ million What are your forecasts of the company's year-end inventory turnover ratio assuming that its cost of goods sold is 75% of sales? Do not round intermediate calculations. Round your answer to two decimal places