Swifty Corporation sells three different categories of tools (small, medium, and large). The cost and net realizable value of its inventory of tools are as follows. Cost Net Realizable Value Small $ 64,400 $ 72,300 Medium 289,500 261,000 Large 152,600 173,000 Determine the value of the companys inventory under the lower-of-cost-or-net realizable value approach. Total inventory value $ enter Total inventory value in dollars Early in 2020, Swifty Company switched to a just-in-time inventory system. Its sales revenue, cost of goods sold, and inventory amounts for 2019 and 2020 are shown below. 2019 2020 Sales revenue $ 3,119,500 $ 3,721,500 Cost of goods sold 1,240,000 1,447,500 Beginning inventory 170,500 221,500 Ending inventory 221,500 99,000 Determine the inventory turnover for 2019 and 2020. (Round answers to 1 decimal place, e.g. 1.5.) 2019 2020 Inventory turnover enter inventory turnover rounded to 1 decimal place enter inventory turnover rounded to 1 decimal place Early in 2020, Swifty Company switched to a just-in-time inventory system. Its sales revenue, cost of goods sold, and inventory amounts for 2019 and 2020 are shown below. 2019 2020 Sales revenue $ 3,119,500 $ 3,721,500 Cost of goods sold 1,240,000 1,447,500 Beginning inventory 170,500 221,500 Ending inventory 221,500 99,000 Determine days in inventory for 2019 and 2020. (Round answers to 1 decimal place, e.g. 1.5. Use 365 days for calculation.) 2019 2020 Days in inventory enter days in inventory rounded to 1 decimal place days enter days in inventory rounded to 1 decimal place days