Use the following information for Shafer Company to compute inventory turnover for year $2.$

$$

Year $2$

Year $1$

Net sales

$ $650,000$

$ $583,400$

Cost of goods sold

$389,000$

$360,890$

Ending inventory

$78,200$

$79,880$

Multiple Choice

$8\mathrm{.}31$

$4\mathrm{.}07$

$4\mathrm{.}92$

$5\mathrm{.}92$

$7\mathrm{.}30$