Eagle Inc. purchased $80,000 of inventory during 2014. Eagle had the following balances on its annual balance sheets at the end of 2013 and 2014:
| Dec. 31, 2013 |
Dec. 31, 2014 |
| Inventory |
$8,200 |
$7,400 |
| Accounts payable |
$6,100 |
$9,600 |
Eagle's sales were $174,000 during 2014. What is the company's inventory turnover ratio?