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Peartree Company provides the following data Ik here to view ine balance shesi Click here to view the income statement. What is the accounts receivable turnover for 2021? Round to two decimal places, O A. 1.55 times OB. 0.76 times OC. 727 times OD 707 times X Balance sheet d to the Peartree Company Balance Sheet December 31, 2021 Dec. 31, 2021 Dec. 31, 2020 Cash $21.000 $18.000 Accounts receivable, net 31.000 35.000 Inventory 53.000 25.000 Property, plant and equipment, net 120.000 90.000 Total assets $225.000 $168.000 Accounts payable Accrued liabilities Long-term notes payable Total liabilities $4.000 2.000 84.000 $6.000 1.000 90.000 $97.000 $90.000 Common shares Retained earnings Total shareholders' equity S30.000 105.000 135.000 S2.000 69.000 71.000 Balance Sheet December 31, 2021 Dec. 31, 2021 Dec. 31, 2020 Cash $21.000 $18.000 Accounts receivable, net 31,000 35.000 Inventory 53.000 25.000 Property, plant, and equipment, net 120.000 90.000 Total assets $225.000 $168.000 Accounts payable Accrued liabilities Long-term notes payable Total liabilities $4.000 2.000 84.000 $90.000 $6.000 1.000 90.000 $97.000 Common shares Retained earnings Total shareholders' equity Total liabilities and shareholders' equity $30.000 105.000 135.000 $225.000 $2.000 69.000 71.000 $168.000 1 x Income statement nd to two del $240,000 110,000 $130,000 Peartree Company Income Statement For the Year Ended December 31, 2021 Sales revenue, net Cost of goods sold Gross margin Operating expenses Salary expense $45.000 Amortization expense 12,000 Other operating expenses 13.000 Total operating expenses Operating income Gain on sale of plant assets Interest expense Net income before income tax Income tax expense Net income (loss) Sales revenue is all on account 70.000 60.000 5.000 (4.000) 61 000 (12.000) $49.000