The following data are taken from the financial statements of Dands Company: 2020 2017 Monthly average accounts receivable $565,000 $700,000 Net sales on account $6,200,000 $7,000,000 Terms for all sales are 2/10,n/30 (a) Compute the accounts receivable turnover and the average collection period for both years. (Use 365 days for calculation. Round average collection period to 1 decimal place, eg. 5.2.) 2017 2016 Accounts receivable turnover 36 times 36 times Average collection period 30 days 30 days