22. (8 points) Accounts Receivable.a. An analysis of Christis accounting records as of 12-31-17 identified the following:

Accounts receivable estimated to be uncollectible (per an aging schedule )$ 76,000

Accounts receivable $2,500,000

Allowance for doubtful accounts (per the unadjusted trial balance) $ 49,000

As of 12-31-17, what is the net realizable value (NRV) of Christis receivables?

b. The following were taken from Ardmores 12-31-17 unadjusted trial balance:Credit sales$800,000 CRAccounts receivable$150,000 DRAllowance for doubtful accounts$ 1,500 DRIf Ardmore estimates doubtful accounts at 4% of its accounts receivable, prepare the AJE Ardmore should make to adjust itsallowance for doubtful accounts and its bad debt expense.

c. G has accounts receivable of $750,000 as of December 31 and sales on credit during the year of $6,000,000. On its unadjusted trial balance, G has a debit balance of $1,500 in its allowance for doubtful accounts. G estimates 4% of its receivables will be uncollectible. Prepare the AJE G should make to adjust its allowance account and record bad debt expense.

d. At the close of its first year of operations, December 31, 2017, the net realizable value of Fs ARs was $120,000. During 2017, F recorded bad debt expenses of $57,000 and wrote off, as uncollectible, $4,000 of ARs. On the basis of this information, what should F report on its balance sheet at December 31, 2017 as gross accounts receivable?