Lok Company reports net sales of $$5,708,000$ for Year $2$ and $$8,785,000$ for Year $3.$ End$-$of$-$year balances for total assets are Year $1,$ $$1,583,000$; Year $2,$ $$1,790,000$; and Year $3,$$$1,979,000.$

$(1)$ 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:,$1,$Choose Denominator:,$=,$Total Asset Turnover,$],[,,$I,,,Total asset turnover,$],[$Year $2,,$I,,,,$],[$Year $3,,,,,,]]$