Exercise 3 - 6 Accounts receivable balance of Skinner Co. on December 31, 2019 was P1,200,000. Pertinent information regarding the company's credit sales and accounts receivable in 2020 and 2021 follows: 2020 P 1,300,000 22,500,000 Accounts receivable, December 31 Credit sales P 2021 1,700,000 21,600,000 1. Compute for the accounts receivable turnover in 2020 and 2021. 2. Compute for the average collection period in 2020 and 2021