Shown below are data from the Southwestern States Corporation's accounting records: Sales Revenue Year 2 Year 1 48,000,000 40,000,000 Cost of goods sold 28,000,000 28,900,000 Beginning inventory 16,500,000 16,530,000 Ending inventory 16,530,000 20,600,000 Calculate the company's (a) inventory turnover and (b) days' sales in inventory for both years. Round your answer to two decimal points Inventory turnover Days' sales in inventory Year 1 Year 2 pany Unit Price Quantity Cost Net Realizable Value Desks Model 9001 70 $270 $290 Model 9002 Model 9003 45 360 20 430 348 440 Cabinets Model 7001 Model 70021 Model 7003 120 140 144 80 175 50 210 168 20 Required Determine the value of the ending inventory after applying the lower-of-cost-or-net realizable value method to each item of inventory. Applying the lower-of-cost-or-net realizable value method to each item of the inventory results in an ending inventory amount of s