Question 22 2 pts What expense recognition system is used to recognize Depreciation? o Immediate recognition Reserve association Direct association Systematic allocation Question 23 2 pts Marshall, Inc. uses the FIFO inventory method. What is the inventory turnover for 2020? Sales Cost of Goods Sold Ending Inventory 2020 $500,000 $250,000 $50,000 2019 $425,000 $225,000 $35,000 3.5 5.5 10 8.5 5.88