Selected data from Finch Company follow: Balance Sheets As of December 31 Accounts receivable Allowance for doubtful accounts Net accounts receivable Year 3 $398,000 (19,900) $378,100 Year 2 $379,000 (15,160) $363,840 Inventories, lower of cost or market $ 484,500 $445,000 Income Statement For the Years Ended December 31 Year 3 Net credit sales $2,011,000 Net cash sales 410,000 Net sales 2,421,000 Cost of goods sold 1,604,000 Selling, general, and administrative expenses 241,000 Other expenses 39,900 Total operating expenses $1,884,900 Year 2 $1,751,000 312,000 2,063,000 1,430,000 215,000 22,600 $1,667,600 Required a. Compute the accounts receivable turnover for Year 3. b. Compute the inventory turnover for Year 3. c. Compute the net margin for Year 2