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The following information is available for Pharoah Company for three recent fiscal years. Inventory 2022 2021 2020 $580,000 $590,000 $340,000 1,950,000 1,740,000 1,355,000 1,638,000 1,348,500 930,000 Net sales Cost of goods sold (a) Calculate the inventory turnover, days in inventory, and gross profit rate for 2022 and 2021. (Round inventory turnover to 1 decimal place, e.g. 5.2, days in inventory to O decimal places, e.g. 125 and gross profit rate to 1 decimal place, e.g. 5.2%.) 2022 2021 Inventory Turnover times times Days in Inventory days days Gross Profit Rate %