Anderson Plumbing Fixtures Reported the Following Income Statement for the Year

Anderson Plumbing Fixtures reported the following income statement for the year ended December 31,2017.
$\begin{array}{c} \text { Anderson Plumbing Fixtures}\\ \text { Income Statement}\\ \text { Year Ended December 31, 2017}\\\begin{array}{|l|r|r|}\hline \text { Sales Revenue } & & \$ 258,000 \\\hline \text { Cost of Goods Sold } & &\\\hline \text { Beginning Merchandise Inventory } & \$ 43,500 \\\hline \text { Net Cost of Purchases } & \underline{145,000} \\\hline \text { Cost of Goods Available for Sale } & 188,500 \\\hline \text { Less: Ending Merchandise Inventory } & 38,000\\\hline \text { Cost of Goods Sold: } & & 150,000 \\\hline \text { Gross Profit } & & 107,500 \\\hline \text { Operating Expenses } & & \underline{87,200} \\\hline \text { Net Income } && \$ 20,300\\\hline \end{array}\end{array}$ Compute inventory turnover rate for the year.(Round to two decimal places. )
Compute days' sales in inventory for the year.(Round to two decimal places. )