Lok Company reports net sales of $$4,811,000$ for Year $2$ and $$8,663,000$ for Year $3.$ End$-$of$-$year balances for total assets are Year $1,$ $$1,643,000$; Year $2,$ $$1,850,000$; and Year $3,$ $$1,906,000.$

$(1)$ Compute Lok's total asset turnover for Year $2$ and Year $3.$

$(2)$ Lok's competitor has a Total Asset Turnover of $3\mathrm{.}0$ during Year $3.$ Is Lok performing better or worse than its competitor on the basis of total asset turnover?

Complete this question by entering your answers in the tabs below.

Required $1$

Required $2$

Compute Lok's total asset turnover for Year $2$ and Year $3.$

$\backslash$table$[[$Total Asset Turnover$],[,$Choose Numerator:,$\frac{?}{?},\backslash$table$[[$Choose$],[$Denominator:$]],\{$f$9$af$85$dc$3-$da$0$e$-423$b$-$b$25$d$-369669031172\}$

$\backslash$table$[[$Total$],[$Asset$],[$Turnover$]],],[,,,,,\backslash$table$[[$Total$],[$asset$],[$turnover$]]],[$Year $2,,,,,],[$Year $3,,\frac{?}{?},,=,]]$