The following is a portion of the condensed income statement for search web for Amber, Inc., a manufacturer of plastic containers: Net sales Less: Cost of goods sold Inventory, January 1 Net purchases Inventory, December 31 $2,452,000 635,000 1,920,000 (692,000) 1,863,000 Gross profit $589,000 Required: 1. Determine Rowan's inventory turnover