(c) Hokaloh Bhd wants to determine the liquidity of its receivable. It has supplied you with the following data regarding selected accounts for December 31, 2020 and 2019: 2020 1,180,178 240,360 2019 2,200,000 230,180 Net sales Receivables, less allowance for losses and discounts Beginning of year (allowance for losses and discounts, 2020-RM12,300; 2019RM7,180) End of year (allowance for losses and discounts, 2020-RM11,180: 2019 RM12,300) 220,385 240,360 Required: (1) Compute the number of days' sales in receivables at December 31, 2020, and 2019. (2 marks) (11) Compute the accounts receivable turnover for 2020 and 2019. (Use year-end gross receivables.) (2 marks) (111)Comment on the liquidity of Hokaloh Bhd's receivables. (3 marks) [Total: 25 Marks]