1) An aging of a company's accounts receivable indicates that $8700 are estimated to be uncollectible. If Allowance for Doubtful Accounts has a $5090 credit balance, the adjustment to record bad debts for the period will require a ______

debit to Bad Debt Expense for $3610.

credit to Allowance for Doubtful Accounts for $8700.

debit to Allowance for Doubtful Accounts for $3610.

debit to Bad Debt Expense for $8700.

2)

An analysis and aging of the accounts receivable of Pina Colada Corp. at December 31 reveal these data:

Accounts receivable	$3270000
Allowance for doubtful accounts per books before adjustment (credit)	370000
Amounts expected to become uncollectible	437000

What is the cash realizable value of the accounts receivable at December 31 after adjustment?

$2833000

$3270000

$2900000

$2463000