Refer to Exercise. On September 30, Hilly Mountain Party Planners had a $30,000 balance in Accounts Receivable and a $2,000 credit balance in Allowance for Uncollectible Accounts. During October, the store made credit sales of $161,000. October collections on account were $137,000, and write-offs of uncollectible receivables totaled $2,300. Uncollectible-account expense is estimated as 4% of revenue.

Requirements
1. Record uncollectible-account expense for October by the direct write-off method.
2. What amount of accounts receivable would Hilly Mountain report on its October 31 balance sheet under the direct write-off method? Does it expect to collect the full amount?