Prepare the current assets section of the balance sheet for Gehrig Company, assuming that in addition to the receivables it has cash of $86,600, merchandise inventory of $193,300, and supplies of $14,600. (List current assets in order of liquidity)Calculate the accounts receivable turnover. Assume that average net accounts receivable were $377,500. (Round answers to 1 decimal place, e.g. 12.5.)Calculate the average collection period. (Round answers to I decimal place, e.g. 12.5.) Prepare the current assets section of the balance sheet for Gehrig Company, assuming that in addition to the receivables it has cash of $86,600, merchandise inventory of $193,300, and supplies of $14,600. (List current assets in order of liquidity)Calculate the accounts receivable turnover. Assume that average net accounts receivable were $377,500. (Round answers to 1 decimal place, e.g. 12.5.)Calculate the average collection period. (Round answers to I decimal place, e.g. 12.5.)