The following information pertains to Whispering Winds Corp. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit.

Assets
Cash and short-term investments	$ 37000
Accounts receivable (net)	35000
Inventory	39000
Property, plant and equipment	223000
Total Assets	$334000
Liabilities and Stockholders Equity
Current liabilities	$ 57000
Long-term liabilities	79000
Stockholders equitycommon	198000
Total Liabilities and Stockholders Equity	$334000
Income Statement
Sales revenue	$122500
Cost of goods sold	47000
Gross profit	75500
Operating expenses	21000
Net income	$ 54500
Number of shares of common stock	8000
Market price of common stock	$15
Dividends per share on common stock	10.0
Cash provided by operations	$40000

What is the accounts receivable turnover for this company?

2.1 times

3.5 times

3.1 times

2.9 times