Lok Co. reports net sales of $5,439,000 for Year 2 and $7,091,000 for Year 3. End-of-year balances for total assets are Year 1, $1,553,000; Year 2, $1,836,000; and Year 3, $1,982,000. (1) Compute Lok's total asset turnover for Year 2 and Year 3. Total Asset Turnover Choose Numerator: Choose Denominator: Total Asset Turnover / II Total asset turnover Year 2 / Year 3 7 =