Monty Corp.had accounts receivable of $180,000on January 1, 2020. The only transactions that affected accounts receivable during 2020 were net credit sales of $3,485,000, cash collections of $3,415,000, and accounts written off of $20,000.

Compute the ending balance of accounts receivable.

Ending balance of accounts receivable$___________

enter the Ending balance of accounts receivable in dollars

Compute the accounts receivable turnover for 2020.(Round answer to 0 decimal places, e.g. 25.)

Accounts receivable turnover________________

Compute the average collection period in days.(Round answer to 1 decimal place, e.g. 2.5. Use 365 days for calculations.)

Average collection period

enter the Average collection period in days rounded to 1 decimal place