Geisel, Incorporated reported net sales revenue of $$520,000$ in $2021$ and $$625,000$ in $2022.$ The company's ending net receivables

were $$116,000$ at December $31,2020$ and $$135,000$ at December $31,2021.$ At December $31,2022,$ the company had Accounts

Receivable of $$149,000$ and an unadjusted debit balance in its Allowance for Doubtful Accounts account of $$1,700.$ The company

reported Bad Debt Expense of $$7,540$ during $2022.$

Required:

a$.$ Determine the net receivables at December $31,2022.$

b$.$ Calculate the receivables turnover ratio for $2021$ and $2022.$

c$.$ Calculate the days to collect for $2021$ and $2022.$

Complete this question by entering your answers in the tabs below.

Determine the net receivables at December $31,2022.$

Net receivables