A series of unrelated situations follow for several companies that use ASPE: Shamrock Inc.'s unadjusted trial balance at December 31, 2020, included the following accounts: Credit Debit Allowance for doubtful accounts $7,600 Sales revenue Sales returns and allowances 61,600 Sales discounts 3,900 $1,985,000 Shamrock estimates its bad debt expense to be 2.0% of net sales. Determine its bad debt expense for 2020. (Round answer to 0 decimal places, e.g. 58,971.) Bad debt expense $ An analysis and aging of Whispering Winds Corp.'s accounts receivable at December 31, 2020, disclosed the following: Amounts estimated to be uncollectible Accounts receivable Allowance for doubtful accounts (per books) $153,000 1,815,000 133,000 What is the net realizable value of Whispering Winds Corp.'s receivables at December 31, 2020? Net realizable value Pharoah Company provides for doubtful accounts based on 5.0% of credit sales. The following data are available for 2020: $3,290,000 36,700 Credit sales during 2020 Allowance for doubtful accounts 1/1/20 Collection of accounts written off in prior years (customer credit was re-established) Customer accounts written off as uncollectible during 2020 17,000 35,700 What is the balance in Allowance for Doubtful Accounts at December 31, 2020? Allowance for doubtful accounts 12/31/20 At the end of its first year of operations, on December 31, 2020, Skysong Inc. reported the following information: Accounts receivable, net of allowance for doubtful accounts $1,020,000 Customer accounts written off as uncollectible during 2020 23,500 Bad debt expense for 2020 98,000 What is the balance in accounts receivable at December 31, 2020, before subtracting the allowance for doubtful accounts? Accounts receivable, before deducting allowance for doubtful accounts The following accounts were taken from Metlock Inc.'s unadjusted trial balance at December 31, 2020: Debit Credit $1,020,000 Sales revenue (all on credit) Sales discounts Allowance for doubtful accounts Accounts receivable $22,700 34,000 730,000 If doubtful accounts are 8% of accounts receivable, what is the bad debt expense amount to be reported for 2020? Bad debt expense