1- Saras Sports Therapy, an accrual-method taxpayer, provides $30,000 worth of physical therapy services to the Sac Republic Basketball Club on credit in 2019. In 2020, Sac Republic dissolved its business operations before paying Saras any of the $30,000. After the dissolution (in 2020), Sara's determined that it would not collect on the outstanding account receivable (i.e. all $30,000 of the debt became worthless in 2020). What amount can Saras deduct for bad debt in 2020 under the specific charge-off method? Enter as a positive number.

2-

Sams Sports Training, a cash-method taxpayer, provides $40,000 worth of fitness training to the Sac Republic Basketball Club on credit in 2019. In 2020, the Sac Republic dissolved its business operations before paying Sams any of the $40,000. The debt is wholly worthless in 2020.

What amount can Sams deduct for bad debt in 2020? Enter as a positive number.