Refer to the following selected financial information from Texas Electronics. Compute the company's inventory turnover for Year 2. 2 Year 2 Year 1 $ 38,900 $ 33,650 104,000 67,000 92,500 86,500 128,000 132,000 13,500 11,100 395,000 345,000 106,400 114,800 718,000 683,000 397,000 382,000 Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets Accounts payable Net sales Cost of goods sold 01:09.0B Multiple Choice 310 0561 3.05 O 3.59