Current assets: Accounts receivable, net of $25,89e in allowance for uncollectible accounts Interest receivable Notes receivable $223.ee 6,250 278, eee Additional Information: 1. The notes receivable account consists of two notes, a $50,000 note and a $220,000 note. The $50,000 note is dated October 31, 2021 with principal and interest payable on October 31, 2022. The $220.000 note is dated June 30. 2021, with principal and 5% interest payable on June 30, 2022 2. During 2022, sales revenue totaled $1,350,000, 51.285.000 cash was collected from customers, and $23,000 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, 2022, the $220,000 note receivable was discounted at the Bank of Commerce. The bank's discount rate is 8%. Chamberlain accounts for the discounting as a sale Required: 1. In addition to sales revenue, what revenue and expense amounts related to receivables will appear in Chamberlain's 2022 income statement? 2. & 3. What amounts will appear in the 2022 year-end balance sheet for accounts receivable and Calculate the receivables turnover ratio for 2022. #1 Req 1 Req 2 and 3 Not including sales revenue, what revenue and expense amounts related to receivables will appear in Chamberlain's 2022 income statement? Income Statement for 2022 Revenue: Interest revenue $ 6,500 Expense: Bad debt expense $ 27,000 Loss on sale of notes receivable #2&3 Req 1 Req 2 and 3 What amounts will appear in the 2022 year-end balance sheet for accounts receivable and Calculate the receivables turnover ratio for 2022. (Round your "Receivable turnover ratio" answer to 1 decimal place.) 2. Accounts receivable, net 3. Receivable turnover ratio times