The year-end financial statement of Wando's Vineyards reported Net revenues of $19,425,412 and Cost of goods sold of $7,204,884 in year 2. Note 3 to the financial statements reported that Inventories consisted of:

	Year 2	Year 1
Winemaking and packaging materials	$817,836	$690,292
Work-in-process	6,634,014	6,058,701
Finished goods	4,518,806	3,883,469
Total inventories	$11,970,656	$10,632,462

The inventory turnover for Year 2 was:

Select one:

a. 0.6

b. 1.71

c. None of these are correct.

d. 0.64

e. 0.68