Sun Magic Corp. consistently sells $60 million of product sales (with a cost of goods sold of $40 million) each year. Sun's inventory ratio has been 4.0 for the past few years. A new VP of Operations believes that a new inventory control system will increase inventory turnover to 6.0 without impacting sales. If the new VP is correct, how much working capital will be freed up?

	a.	It cannot be determined from the information provided.
	b.	$2.0 million
	c.	$6.7 million (rounded).
	d.	$3.3 million (rounded)