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At December 31, 2021, Sandhill Imports reported this information on its balance sheet. Accounts receivable...

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Accounting

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At December 31, 2021, Sandhill Imports reported this information on its balance sheet. Accounts receivable Less: Allowance for doubtful accounts $518,000 38,500 During 2022, the company had the following transactions related to receivables. 1. 2. 3. Sales on account Sales returns and allowances Collections of accounts receivable Write-offs of accounts receivable deemed uncollectible Recovery of bad debts previously written off as uncollectible $2,350,000 55,000 2,050,000 45,000 14,000 4. 5. Compute the accounts receivable turnover. (Round answer to 1 decimal place, e.g. 12.4.) Accounts receivable turnover times

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