1. Pina Company's unadjusted trial balance at December 31, 2017, included the following accounts. Credit Debit 8,100 Allowance for doubtful accounts Net sales $3,611,000 Pina Company estimates its bad debt expense to be 1.5% of net sales. Determine its bad debt expense for 2017. Bad debt expense for 2017 $ 2. An analysis and aging of Grouper Corp. accounts receivable at December 31, 2017, disclosed the following. Amounts estimated to be uncollectible Accounts receivable Allowance for doubtful accounts (per books) $ 56,000 734,000 24,000 What is the net realizable value of Grouper's receivables at December 31, 2017? Net realizable value $ 3. Monty Co. provides for doubtful accounts based on 4% of credit sales, The following data are available for 2017. Credit sales during 2017 Allowance for doubtful accounts 1/1/17 Collection of accounts written off in prior years (customer credit was reestablished) Customer accounts written off as uncollectible during 2017 $4,413,000 57,000 11,000 26,000 What is the balance in Allowance for Doubtful Accounts at December 31, 2017? Allowance for doubtful accounts $ 4. At the end of its first year of operations, December 31, 2017, Flounder Inc. reported the following information. Accounts receivable, net of allowance for doubtful accounts Customer accounts written off as uncollectible during 2017 Bad debt expense for 2017 $1,761,000 63,000 116,000 What should be the balance in accounts receivable at December 31, 2017, before subtracting the allowance for doubtful accounts? Accounts receivable, before subtracting allowance for doubtful accounts $ 5. The following accounts were taken from Culver Inc.'s trial balance at December 31, 2017 Debit Credit $1,484,000 Net credit sales Allowance for doubtful accounts Accounts receivable $21,000 378,000 If doubtful accounts are 5% of accounts receivable, determine the bad debt expense to be reported for 2017. Bad debt expense