Thompson TV and Appliance reported the following in its 2021 financial statements: 2021 Sales $429,000 Cost of goods sold: Inventory, January 1 Net purchases 67,000 323,000 Goods available for sale 390,000 Inventory, December 31 91,000 Cost of goods sold Gross profit 299,000 $130,000 Thompson's 2021 inventory turnover ratio is: (Round your answer to two decimal places.) Bond Company adopted the dollar-value LIFO inventory method on January 1, 2021. In applying the LIFO method, Bond uses internal cost indexes and the multiple-pools approach. The following data were available for Inventory Pool No. 3 for the two years following the adoption of LIFO: Ending Inventory At Year- At Base Cost End Year Year Cost Index $308,500 1/1/2021 $308,500 1.00 12/31/2021 342,680 329,500 1.04 12/31/2022 430,660 353,000 1.22 Under the dollar-value LIF0 method, the inventory at December 31, 2022, should be