The 2012, 2013, and 2014 partial balance sheets for Ottoman Manufacturing Company appear below. (Please show your work. I want to understand how you got the answer.)

	2012	2013	2014
Current Assets
Cash	$20,000	$ 16,000	$ 14,000
Accounts Receivable, net	28,000	20,000	24,000
Inventory	22,000	30,000	28,000
Total Current Assets	70,000	66,000	66,000
Plant & Equipment, net	62,000	60,000	40,000
Total Assets	132,000	126,000	106,000

Sales revenue for Ottoman was $126,000 for 2012, $120,000 for 2013 and $114,000 for 2014 while cost of goods sold was $84,000 for 2012, $82,400 for 2013 and $72,500 for 2014.

What is the inventory turnover for 2013?

2.75 times

4.00 times

3.17 times

4.14 times