The following selected accounts were taken from the financial records of Los Olivos Distributors at December 31, 2019. All accounts have normal balances.

Cash	$	21,945
Accounts receivable		46,400
Note receivable, due 2020		8,200
Merchandise inventory		34,400
Prepaid insurance		2,220
Supplies		1,280
Equipment		42,200
Accumulated depreciation, equipment		22,200
Note payable to bank, due 2020		22,000
Accounts payable		26,480
Interest payable		220
Sales		523,500
Sales discounts		1,900
Cost of goods sold		380,555

Accounts Receivable at December 31, 2018, was $55,800. Merchandise inventory at December 31, 2018, was $57,300. Based on the account balances above, calculate the following:

1. The gross profit percentage.
2. Working capital.
3. The current ratio.
4. The inventory turnover.
5. The accounts receivable turnover. All sales were on credit.