The 2016 financial statement of Willamette Valley Vineyards reported Net revenues of $19,425,412 and Cost of goods sold of $7,204,884. Note 3 to the financial statements reported that Inventories consisted of: 2016 2015 Winemaking and packaging materials $ 817,836 $ 690,292 Work-in-progress 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 2016 was: Group of answer choices