Shaffer Company presents the following data for 2012. Net Sales, 2012 Net Sales, 2011 Cost of Goods Sold, 2012 Cost of Goods Sold, 2011 Inventory, beginning of 2012 Inventory, end of 2012 The merchandise inventory turnover for 2012 is: $3,007,124 93,247 2,000,326 1,000,120 341,169 376,526