Problem 8-1A At December 31, 2018, Pina Colada Corp. reported the following information on its balance sheet. Accounts Receivable Accounts receivable $952,000 Less: Allowance for doubtful accounts 84,000 During 2019, the company had the following transactions related to receivables. 1. Sales on account 2. Sales returns and allowances 3. Collections of accounts receivable 4. Write-offs of accounts receivable deemed uncollectible 5. Recovery of bad debts previously written off as uncollectible $3,869,880 51,000 2,831,000 87,000 28,000 Compute the accounts receivable turnover for 2019, assuming the expected bad debt information provided in (c). (Round answer to 2 decimal places, e.g. 25.25.) Accounts receivable turnover ratio times Click if you would like to Show Work for this question: Open Show Work