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On January 1, 2022, Monty Corp. had Accounts Receivable of $55,800 and Allowance for Doubtful Accounts of $3.500. Monty Corp, prepares financial statements annually. During the year, the following selected transactions occurred. Jan. 5 Sold $4.200 of merchandise to Rian Company, terms n/30. Feb. 2 Accepted a $4,200,4-month, 9% promissory note from Rian Company, Sold $12,000 of merchandise to Cato Company and accepted Cato's $12,000, 2-month, 10% note for the balance due. 26 Sold $5,600 of merchandise to Malcolm Co., terms r/10. Apr. 5 Accepted a $5,600, 3-month, 8% note from Malcolm Co. Collected Cato Company note in full. Collected Rian Company note in full. Sold $1,900 of merchandise to Gerri Inc and accepted a $1,900, 6-month, 12% note. 12 12 June 2 15 Journalize the transactions. (Omit cost of goods sold entries.) (Do not round intermediate calculations. Round final answers to decimal places, eg,5,275. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required. select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Date Account Titles and Explanation Debit Credit Suppose the 2022 financial statements of 3M Company report net credit sales of $23.3 billion. Accounts receivable (net) are $3.18 billion at the beginning of the year and $3.24 billion at the end of the year. (21) Compute 3M's accounts receivable turnover. (Do not round intermediate calculations. Round answer to 1 decimal place, e.g. 2.5.) Accounts Receivable Turnover times