1. Beginning-of-the-year Accounts Receivable balance was $22,100. 2. Net sales (all on account) for the year were $101,300. Waterway does not offer cash discounts. 3. Collections on accounts receivable during the year were $86,000. Compute Waterway's accounts receivable turnover and days to collect receivables for the year. The company does not believe it will have any bad debt5. (Round answers to 2 decimal places, e. .4 .57 . Use 365 days for calculation.) Accounts receivable turnover times Days to collect accounts receivable days