Selected data from Adams Company follow: Balance Sheets As of December 31 Accounts receivable Allowance for doubtful accounts Year 3 $403,000 (20,150) Year 2 $379,000 (15,160) Net accounts receivable $382,850 $363,840 Inventories, lower of cost or market $484,500 $436,000 Net credit sales Net cash sales Net sales Cost of goods sold Other expenses Total operating expenses Income Statement For the Years Ended December 31 Selling, general, and administrative expenses Year 3 $2,001,000 403,000 2,404,000 1,594,000 Year 2 $1,758,000 305,000 2,063,000 1,432,000 239,400 214,900 39,200 22,100 $1,872,600 $1,669,000 Required a. Compute the accounts receivable turnover for Year 3. b. Compute the inventory turnover for Year 3. c. Compute the net margin for Year 2. (For all requirements, round your answers to 2 decimal places.) a. Accounts receivable turnover b. Inventory turnover c. Net margin times times %