\begin{tabular}{|c|c|c|} \hline Account & Debit & Credit \\ \hline Accounts payable & & $259,000 \\ \hline Accounts receivable & $518,000 & \\ \hline Cash & 29,600 & \\ \hline Cost of goods sold & 1,295,000 & \\ \hline Interest receivable & 825 & \\ \hline Interest revenue & & 1,675 \\ \hline Merchandise inventory & 240,500 & \\ \hline Notes receivable, due April 10, 2025 & 33,300 & \\ \hline Prepaid insurance & 5,920 & \\ \hline Sales & & 3,000,700 \\ \hline Sales returns and allowances & 74,000 & \\ \hline Short-term investments & 37,000 & \\ \hline Unearned revenue & & 18,500 \\ \hline \end{tabular} Calculate the receivables turnover and collection period. (Remember that this is the end of the first year of business.) (Round answers to 1 decimal place, e.g. 52.7. Use 365 days for calculation.) Receivables turnover times Collection period days