25.Using the following information: Accounts receivable Allowance Cash realizable value 12/31/13 1,050,000 (90,000) 960,000 During 2014, sales on account were 290,000 and collections on account were 172,000. Also during 2014, the company wrote off 16,000 in uncollectible accounts. An analysis of outstanding receivable accounts at year end indicated that uncollectible accounts should be estimated at 118,000. Bad debts expense for 2014 is a. 44,000. b. 28,000. c. 118,000 d. 2,000. 26.Klosterman Corporation's unadjusted trial balance includes the following balances (assume normal balances): Accounts Receivable Allowance for Doubtful Accounts $373,000 7,100 Bad debts are estimated to be 4% of outstanding receivables. What amount of bad debts expense will the company record? a. $14,920 b. $7,820 c. $15,204 d. $14,636 27.An analysis and aging of the accounts receivable of Downs Company at December 31 revealed the following data: Accounts Receivable. Allowance for Doubtful Accounts per books 950,000 before adjustment (Cr.). Amounts expected to become uncollectible. 100,000 109,000 The cash realizable value of the accounts receivable at December 31, after adjustment, is: a. 941,000 b. 850,000 c. 841,000 d. 741,000