ABC Co has the following information regarding Accounts Receivables by December 31, 2021: Accounts Receivable $ 52000 Allowance for Doubtful Accounts $ 5000 How much is the net realizable value? Select one: a. 52000 b. 47000 c. 5000 d. 57000 ABC Co. uses half year convetion method for depreciation. The company purchased an equipment in December, 2021 that costs $75,000 with a useful life of 10 years and an estimated salvage value of $5,000. How much is the depreciation expense for 2021 (assume that there is no more depreciable asset)? Select one: a. 7500 b. 7000 c. 3500 d. 5000 J