1. The notes receivable account consists of two notes, a $60,000 note and a $200,000 note. The $60,000 note is dated October 31, 2021, with principal and interest payable on October 31,2022 . The $200,000 note is dated June 30,2021 , with principal and 6% interest payable on June 30,2022. 2. During 2022 , sales revenue totaled $1,340,000,$1,280,000 cash was collected from customers, and $22,000 in accounts receivable were written off. All sales are made on a credit basis. Bad debt expense is recorded at year-end by adjusting the allowance account to an amount equal to 10% of year-end accounts receivable. 3. On March 31, 2022, the $200,000 note receivable was discounted at the Bank of Commerce. The bank's discount rate is 8%. Chamberlain accounts for the discounting as a sale. Required: 1. In addition to sales revenue, what revenue and expense amounts related to receivables will appear in Chamberlain's 2022 income statement? 2. \& 3. What amounts will appear in the 2022 year-end balance sheet for accounts receivable and Calculate the receivables turnover ratio for 2022 . Not including sales revenue, what revenue and expense amounts related to receivables will appear in Chamberlain's 2022 income statement? What amounts will appear in the 2022 year-end balance sheet for accounts receivable and Calculate the receivables turnover ratio for 2022. (Round your "Receivable turnover ratio" answer to 1 decimal place.)