Cordova, Inc., reported the following receivables in its December 31, 2020, year-end balance sheet:

Current assets:
Accounts receivable, net of $58,000 in allowance for uncollectible accounts	$	390,000
Interest receivable		28,000
Notes receivable		460,000

Additional information:

1. The notes receivable account consists of two notes, a $100,000 note and a $360,000 note. The $100,000 note is dated October 31, 2020, with principal and interest payable on October 31, 2021. The $360,000 note is dated March 31, 2020, with principal and 10% interest payable on March 31, 2021.
2. During 2021, sales revenue totaled $2,180,000, $2,040,000 cash was collected from customers, and $47,000 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 gross accounts receivable.

Required: 1. In addition to sales revenue, what revenue and expense amounts related to receivables will appear in Cordovas 2021 income statement? 2. Calculate the receivables turnover ratio for 2021