The following data are taken from the financial statements of Morino Company. 2011 2010 Accounts receivable (net), end of year $ 598,400 $ 479,800 Net sales on account 4,037,400 3,127,900 Terms for all sales are 1/10, n/60. Compute for each year (1) the receivables turnover and (2) the average collection period. At the end of 2009, accounts receivable (net) was $434,500. (Round answers to 1 decimal place, e.g. 10.5.) 2011 2010 receivables turn over average collection period