21. (3 points) Heather uses an allowance method for bad debts. On 01-01-18, Heather's allowance for doubtful accounts had a $35,000 balance. During 2018, Heather recorded (1) $64,000 of estimated bad debts expense, (2) $29,000 of write-offs, and (3) $1,500 of subsequent collections of Ars previously written off. Prepare the entries for the three 2018 events that Heather recorded. b. On the basis of the information given, as of year-end 12-31-18, what was the balance in Heather's allowance for doubtful accounts? c. On the basis of the information given, for the year-end 12-31-18, what was Heather's bad debts expenses amount? 22. (3 points) Sonja's 12-31-16 unadjusted trial balance shows accounts receivable of $2,500,000 and an allowance for doubtful accounts of $11,500. During 2016, Sonja wrote off $22,000 of receivables. During 2016, Sonja had $4,000 of subsequent collections of receivables previously written off. Sonja only records AJEs once each year as of year-end 12-31. a. What was the balance in Sonja's allowance for doubtful accounts as of 01-01-16? b. If Sonja estimates 3% of her ARs will be uncollectible, prepare the AJE she should make to record bad debt expense for 2016. c. After making the AJE in part (b), what will be the net realizable value of Sonja's receivables as of 12-31.16? 23. (2 points) The following information pertains to R for 2015: R's 12-31-15 AR aging analysis indicates a required balance in the allowance for doubtful accounts of $107.000 Per its 12-31-15 unadjusted trial balance, R's gross accounts receivable balance was $2,500,000. Per its 12-31-15 unadjusted trial balance, R's allowance for doubtful accounts balance was $111,000 On the basis of the above, prepare the AJE R should make for the year ended 12-31-15 to adjust its bad debts expense. 24. (3 points) The following information pertains to R Gross accounts receivable balance as of 01-01-15 was $75,000 Allowance for doubtful accounts balance as of 01-01-15 was $4,000 Total sales during 2015 (all sales were on a credit basis) were $870,000 AR write-offs during 2015 were $3,000 R's 12-31-15 AR aging analysis indicates a required balance in the allowance for doubtful accounts of $4,750. The NRV of R's receivables as of 12-31-15 was $90,000. On the basis of the above, how much cash did R collect from its Ars during 2015