Westerville Company reported the following results from last year$$s operations:

Sales $ $1,900,000$

Variable expenses $550,000$

Contribution margin $1,350,000$

Fixed expenses $875,000$

Net operating income $ $475,000$

Average operating assets $ $1,187,500$

At the beginning of this year, the company has a $$237,500$ investment opportunity with the following cost and revenue characteristics:

Sales $ $380,000$

Contribution margin ratio $50\%$ of sales

Fixed expenses $ $133,000$

The company$$s minimum required rate of return is $10\%.$

Foundational $11-2($Algo$)$

$2.$ What is last year$$s turnover?