A portion of the current assets section of the DEC 31, 201 balance sheet for Gibbs Co os presented: Accts Receivable : $21,300 Less Allowance for Bad Debts (2600) $18,700 The Company's accounting records revealed the following information for year ended Dec 31, 2011 Sales (all on account) $152,000 Cash Collection from Cus 137,000 Accounts written off 3400 Bad Debt exp 5800 (accrued at 12/31/11 Calculate the net realizable value of accounts receivable at Dec 31 2011, and allowance for bad debts for Gibbs Co as of that point in time: What's the Acct receiable ? And Allowance for bad Debt