At December 31, 2024, Cullumber Imports reported this information on its balance sheet. Accounts receivable $525,000 Less: Allowance for doubtful accounts 34,000 During 2025, the company had the following transactions related to receivables. 1. Sales on account $2,510,000 2. Sales returns and allowances 53,000 3. Collections of accounts receivable 2,210,000 4. Write-offs of accounts receivable deemed uncollectible 44,000 5. Recovery of bad debts previously written off as uncollectible 17,000 Prepare the journal entry to record bad debt expense for 2025, assuming that aging the accounts receivable indicates that estimated bad debts are $49,000. (List debit entry before credit entry. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Bad Debt Expense Allowance for Doubtful Accounts Debit 49,000 Credit 49,000 Compute the accounts receivable turnover. (Round answer to 1 decimal place, e.g. 12.4.) Accounts receivable turnover times