Cordova, Inc., reported the following receivables in its December 31, 2015, year-end balance sheet: Additional information: The notes receivable account consists of two notes, a $100,000 note and a $300,000 note. The $100,000 note is dated October 31, 2015, with principal and interest payable on October 31, 2016. The $300,000 note is dated March 31, 2015, with principal and 8% interest payable on March 31, 2016. During 2016, sales revenue totaled $2, 120,000, $1, 980,000 cash was collected from customers, and $41,000 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 8% of year-end accounts receivable. Required: In addition to sales revenue, what revenue and expense amounts related to receivables will appear in Cordova's 2016 income statement? Calculate the receivables turnover ratio for 2016