16 1 William & Sons last year reported sales of$10 million and an inventory tur

16 1 William & Sons last year reported sales of$10 million and an inventory turnover ratio of 2. The company isnow adopting a new inventory system. If the new system is able toreduce the firms inventory level and increase the firms inventoryturnover ratio to 5 while maintaining the same level of sales howmuch cash will be freed up?