At December 31, 2021, Oriole Imports reported this information gn its balance sheet. Accounts receivable $620,000 Less: Allowance for doubtful accounts 42,000 During 2022, the company had the following transactions related to receivables. 1. 2. 3. 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 $2,810,000 63,000 2,510,000 44,000 15,000 4. 5. Compute the accounts receivable turnover. (Round answer to 1 decimal place, eg. 12.4.) Accounts receivable turnover 4.0 times e Textbook and Media List of Accounts X Your answer is incorrect. Compute the average collection period. (Round answer to 1 decimal place, e.g. 12.4. Use 365 days for calculation.) Average collection period 91.3 days