The following data are taken from the financial statements: Sales Cost of goods sold Beginning inventory Current Year $3,600,000 2,000,000 372,000 390,000 Preceding Year $4,000,000 2,700,000 352,000 372,000 Inventory, end of year a. Determine for each year (1) the inventory turnover and (2) the number of days' sales in Inventory 1. The inventory turnover: (If required, round your answers to one decimal place.) Current Year Preceding Year 2. The number of days' sales in inventory: Assume a 365-day year. (Round your intermediate calculation to whole number and final answers to two decimal places.) Current Year days Preceding Year days b. Comment on the favorable and unfavorable trends revealed by the data Sales while gross profit y, which are unfavorable trends. The inventory turnover and the number of days' sales in inventory