At December 31, 2021, Kingbird, Inc. reported this information on its balance sheet. Accounts receivable Less: Allowance for doubtful accounts $623,000 40.000 During 2022, the company had the following transactions related to receivables. 1. 2. 3. 4. 5. 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 $2,431,000 55,000 2,367,000 45,000 13,000 Compute the accounts receivable turnover and average collection period, assuming the expected bad debt information provided in (c). (Round answers to 1 decimal place, eg. 25.2.) Accounts receivable turnover times Average collection period days