The current asset section of the 2014 and 2013 fiscal year end balance sheets of The Kroger Co. are presented in the accompanying table:

$ millions	January 31, 2015	February 1, 2014
Current assets
Cash and temporary cash investments	$188	$825
Deposits in-transit	786	666
Receivables	949	845
FIFO inventory	6,177	5,793
LIFO credit	(1,053)	(827)
Prepaid and other current assets	288	319
Total current assets	$7,335	$7,621

In addition, Kroger provides the following footnote describing its inventory accounting policy (assume the following is their complete disclosure): Inventories are stated at the lower of cost (principally on a LIFO basis) or market. In total, approximately 95% of inventories in 2014 and 2013 were valued using the LIFO method. Cost for the balance of the inventories, including substantially all fuel inventories, was determined using the FIFO method. Replacement cost was higher than the carrying amount by $1,043 million at January 31, 2015 and $827 million at February 1, 2014. We follow the Link-Chain, Dollar-Value LIFO method for purposes of calculating our LIFO charge or credit.

The current asset section of the 2014 and 2013 fiscal year end balance sheets of The Kroger Co. are presented in the accompanying table:

1. Kroger reported net earnings of $602 million in its fiscal year 2014 income statement. Assuming a 35% tax rate, what amount of net earnings would Kroger report if the company used the FIFO inventory costing method? (Round your answers to one decimal place.)

2. Kroger reported merchandise costs (cost of goods sold) of $71,494 million in fiscal year 2014. Compute its inventory turnover for the year.

3. Calculate the inventory turnover ratio if the FIFO costing method had been used. (Round your answers to one decimal place.)