The Robinson Company from Problem 2 had net sales of $1,200,000 in 2010 and $1,300,000 in 2011. 2010 2011 Cash and marketable securities $50,000 $50,000 Accounts receivable 300,000 350,000 Inventories 350,000 500,000 Total current assets 700,000 900,000 Accounts payable 200,000 250,000 Bank loan 0 150,000 Accruals 150,000 200,000 Total current liabilities 350,000 600,000 a. Determine the receivables turnover in each year. b. Calculate the average collection period for each year. c. Based on the receivables turnover for 2010, estimate the investment in receivables if net sales were $1,300,000 in 2011. d. How much of a change in the 2011 receivables occurred