Sunland Company's general ledger included the following selected accounts (in thousands) at December 31, 2021: Accounts payable $1,075.3 Accounts receivable 567.6 Accumulated depreciation-equipment 865.2 Allowance for doubtful accounts 35.0 Bad debt expense 89.6 Cash 397.6 Cost of goods sold 659.9 Estimated inventory returns 3.2 Equipment 1,748.4 Interest revenue 18.9 Merchandise inventory 646.2 Notes receivable-due in 2022 90.5 Notes receivable-due in 2025 198.2 Prepaid expenses 19.3 Refund liability 22.5 Sales 4,549.5 Sales discounts 29.1 Short-term investments 196.0 Supplies 20.0 Uneamed revenue 53.9 Additional information: 1. On December 31, 2020, Accounts Receivable was $623.1 thousand and the Allowance for Doubtful Accounts was $36.6 thousand. 2. The receivables turnover was 8.3 the previous year. Prepare the assets section of the balance sheet. (List Current Assets in order of liquidity. Enter amounts in thousands. SUNLAND COMPANY Balance Sheet (Partial) (in thousands) Assets Calculate the receivables turnover and average collection period. Compare these results with the previous year's results and comment on any trends. (Use 365 days for calculation. Round answers to I decimal place, e.g. 15.1.) 2021 2020 Receivables turnover times times days Average collection period days Sunlandi's receivables turnover ratio was in 2021