At December 31. 2017, Oak Ridge Imports Inc. reported this information on its balance sheet Accounts receivable Less: Allowance for doubtful accounts 41,000 $595,000 During 2018, the company had the following summary transactions related to receivables and sales Oak Ridge uses the perpetual inventory system 1. Sales on account amounted to $ 2,414,000. The cost of the inventory sold was $ 1.979.480 2. Sales returns and allowances with a total sales price of $ 41,000 and a cost of $33,620 were restored to inventory 3. Collections of accounts receivable were $2,091,000. 4. Write-offs of accounts receivable deemed uncollectible, $ 46,500. 5. Recovery of bad debts previously written off as uncollectible, $ 15,500. Calculate the receivables turnover ratio and average collection period. (Round receivables turnover to 1 decimal place,eg. 5.2 Round average collection period to nearest whole day, eg. 15) times Receivables turnover ratio days