hamberlain Enterprises Incorporated reported the following recelvables in Its December 31, 2024, year-end balance sheet: Additional Information: 1. The notes recelvable account consists of two notes, a $100,000 note and a $270,000 note. The $100,000 note is dated October 31,2024 , with princlpal and Interest payable on October 31,2025 . The $270,000 note is dated June 30, 2024, with principal and 6% Interest payable on June 30,2025 . 2 During 2025, sales revenue totaled $1,450,000,$1,335,000 cash was collected from customers, and $33,000 in accounts recelvable 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 recelvable. 3. On March 31,2025 , the $270,000 note recelvable was discounted at the Bank of Commerce. The bank's discount rate is 10%. Chamberlain accounts for the discounting as a sale. Requlred: 1. In addition to sales revenue, what revenue and expense amounts related to recelvables will appear In Chamberlain's 2025 Income statement? 2. \& 3. What amounts will appear In the 2025 year-end balance sheet for accounts recelvable? Calculate the recelvables turnover ratio for 2025 . In addition to sales revenue, what revenue and expense amounts related to receivables will appear in Chamberlain's 2025 income statement? What amounts will appear in the 2025 year-end balance sheet for accounts receivable? Calculate the receivables turnover ratio for 2025 . Note: Round your "Receivable turnover ratio" answer to 1 decimal place