Jim Kovacs Company makes supplies for schools. Sales in 20XX were $4,460,000. The cost of goods sold were $2,490,000. Assets were as follows: Cash $138,000 Accounts receivable 854,000 Inventory 498,000 Net plant and equipment 500,000 Total assets $1,990,000 The industry averages for the following ratios are provided below: Accounts Receivable Turnover 4.93 Capital Asset Turnover 10.32 Asset Turnover 3.17