A selection of account balances from Blue Corp. are listed below. All balances are as of December 31, 2017, except where noted: Account Title Balance Account Title Balance Accounts Payable Accumulated Deprecation $7,500 Inventory, 1/1/17 $3,050 Accounts Receivable, 1/1/17 5,250 Supplies 5,200 21,500 Salaries Expense 10,400 Building Cash Common Stock 65,000 Net Sales 61,365 12,200 Rent Expense 7,850 50,000 Retained Earnings, 1/1/17 25,010 Delivery Truck 9,500 Equipment 15,700 Depreciation Expense 10,750 Prepaid Expenses 2,000 Dividends 3,650 Cost of Goods Sold Marketable Equity Securities 2,400 Accounts Receivable, 12/31/17 7,125 Inventory, 12/31/17 16,350 Notes Payable (due 2019) 4,400 4,750 Determine the Accounts Receivable Turnover: