A company's January 1, 2022 balance sheet reported total assets of $168,000 and total liabilities of $69,000. During January 2022 , the company completed the following transactions: (A) paid a note payable using $19,000 cash (no interest was paid); (B) collected a $18,000 accounts receivable; (C) paid a $6,800 accounts payable; and (D) purchased a truck for $6,800 cash and by signing a $29,000 note payable from a bank. The company's January 31, 2022 balance sheet would report which of the following? Multiple Choice Alderwood Company has provided the following information prior to any year-end bad debt adjustment: - Cash sales, $465,000 - Credit sales, $1,395,000 - Selling and administrative expenses, $375,000 - Sales returns and allowances, $135,000 - Gross profit, $1,515,000 - Accounts receivable, $375,000 - Sales discounts, $87,000 - Allowance for doubtful accounts credit balance, $4,200 Alderwood prepares an aging of accounts receivable and the result shows that 5% of accounts receivable is est doubtful accounts after bad debt expense is recorded? Multiple Choice $14,550. $14,340. $22,950. $18,750