Selected data from Adams Company follow: Balance Sheets As of December 31 Accounts receivable Year 3 $404,000 Year 2 $373,000 Allowance for doubtful accounts (20,200) (14,920) Net accounts receivable $383,800 $358,080 Inventories, lower of cost or market $482,000 $433,000 Net credit sales Income Statement For the Years Ended December 31 Net cash sales Net sales Cost of goods sold Other expenses Total operating expenses Selling, general, and administrative expenses 2,418,000 Year 3 $2,017,000 401,000 Year 2 $1,758,000 314,000 2,072,000 1,438,000 215,500 39,600 22,700 $1,876,000 $1,676,200 1,596,000 240,400 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 %