Chamberlain Enterprises Inc. reported the following receivables in its December 31, 2018, year-end balance sheet Current assets: Accounts receivable, net of $36,eee in allowance for uncallectible accounts $278,000 13,600 380,000 Interest receiveble Notes receivable Additional Information 1. The notes receivable account consists of two notes, a $60.000 note and a $320,000 note. The $60,000 note is dated October 31 2018, with principal and interest payable on October 31, 2019. The $320,000 note is dated June 30, 2018, with principal and 8% interest payable on June 30, 2019. 2. During 2019, sales revenue totaled $1,460,000, $1,340,000 cash was collected from customers, and $34,000 in accounts receivable were written off All sales are made on a credit basis, Bad debt expense is recorded at year-end by adjusting the allowance account to an amount equal to 10 % of year end accounts receivable. 3, On March 31, 2019, the $320,000 note receivable was disCounted at the Bank of Commerce. The bank's discount rate is 10% Chamberlain accounts for the discounting as a sale. Required: 1, Not including sales revenue, what revenue and expense amounts related to receivables will appear in Chamiberlain's 2019 income statement? 2 &3. What amounts wil appear in the 2019 year-end balance sheet for accounts recelvable and Caiculate the receivables turnover ratio for 2019 Complete this question by entering your answers in the tabs below. Req 2 and 3 Req 1 Not induding sales revenue, what revenue and expense anounts related to receivables will appear in Chamier lain's 2019 income statement? Revenue: fotereat ravenus Expinse Bad debt expense Loss on sale of nota receivable Reg 2 and3