Potaw Company reported the following data at the end of 2016:

Sales revenue (75% on credit)	$420,000
Expenses (26% on credit)	72,000
Accounts receivable, net at December 31, 2016 (a decrease of $10,000 during 2016)	14,000
Total assets	320,000
Stockholders' equity	150,000

What was the accounts receivable turnover ratio?

29.00

22.11

16.58

30.00