Dorchester Company had the following balances at the end of 2018 and 2019 respectively: Net Credit Sales - $975,000 for 2018 and $982,000 for 2019 Accounts Receivable $84,000 for 2018 and $95,000 for 2019. Allowance for Doubtful Accounts - $5,000 for 2018 and 7,500 for 2019 Calculate the accounts receivable turnover ratio to one decimal place. Easton Company uses the periodic inventory system and had the following inventory & sales activity for the month of May 2019: Activity Unit Price Date Quantity $10 5/1 Beginning Inventory 110 $12 Purchase 5/5 180 $14 5/15 Purchase 300 $16 Purchase 5/25 260 Sales were 460 units at $20. Using the FIFO method, determine the dollar value of Cost of Goods Sold for the month of May