Saved Help A company reports the following amounts for 2021 Inventory (beginning) Inventory (ending Purchases Purchase returns $ 15,000 40,000 240,000 14,000 Calculate cost of goods sold, the inventory turnover ratio, and the average days in inventory for 2021. (Use 365 days in a year. Round your intermediate and final answers to 1 decimal place.) Cost of goods sold Inventory turnover ratio Average days in inventory times days S & 4 2 3 5 6 7 8 9 W E R. Y