please show work and be neat

41. Note 3 to the 2016 financial statements of Willamette Valley Vineyards reports that inventories consist of the following: 2016 2015 Winemaking and packaging materials $ 817,836 $ 690,292 Work-in-process 6,634,014 6,058,701 Finished goods 4,518,806 3.883.469 Total inventories $11,970,656 $10,632,462 The company reported cost of goods sold of $7,204,884 in 2016 and $7,092,111 in 2015. At December 31, 2014, Total inventories were $ 9,910,570. Compute average days inventory outstanding for both years. What does this ratio mean? Interpret the ratios