TB MC Qu. 167 (Algo) Use the following information for... Use the following information for Shafer Company to compute inventory turnover for year 2. Net sales Cost of goods sold Ending inventory Year 2 $ 656,500 390,300 79,500 Year 1 $ 584,700 361,020 81,180 Multiple Choice O 4.01 4.86 O 8.26 5.86 7.20