At December 31, 2021, Oriole Imports reported this information on its balance sheet. $ 620,000 Accounts receivable Less: Allowance for doubtful accounts 42,000 During 2022, the company had the following transactions related to receivables. 1. Sales on account $ 2,810,000 2. Sales returns and allowances 63,000 3. Collections of accounts receivable 2,510,000 4. 44,000 Write-offs of accounts receivable deemed uncollectible Recovery of bad debts previously written off as uncollectible 5. 15,000 Compute the accounts receivable turnover. (Round answer to 1 decimal place, e.g. 12.4.) Accounts receivable turnover 670000 times e Textbook and Media List of Accounts * 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 4.1 days