Missoula Inc. reported the following selected financial statement data: Dec 31, 2020 Dec 31, 2021 Cash $ 38,000 $ 44,000 Accounts receivable (net) 56,000 68,000 Inventory 76,000 80,000 Plant assets...

Missoula Inc. reported the following selected financial statement data:

 Dec 31, 2020      Dec 31, 2021
Cash   $   38,000         $   44,000
Accounts receivable (net)      56,000            68,000
Inventory      76,000            80,000
Plant assets (net)      218,000            234,000
Total assets      429,000            411,000
Liabilities      153,000            153,000
Shareholders' equity      276,000            258,000
Net sales      348,000            848,000
Cost of goods sold      228,000            312,000
Net income      28,000            41,000


Required:
Compute the asset turnover ratio for 2021.