According to last years balance sheet, a company reported Accounts Receivable of $555,000 and a credit balance in Allowance for Doubtful Accounts of $40,400. During the current year, the company recorded $1,606,000 of service revenue on account and $1,550,000 in collections from customers. This year, the company wrote off $30,500 in accounts receivable and collected $4,500 of previously written off accounts. Using the % receivables method, you estimate that 5% of outstanding receivables at year-end are uncollectible. Calculate the following and choose the correct responses.

Part A: Balance of Accounts Receivable, end of current year Answer$555,000$506,000$580,500$469,500

Part B: Unadjusted balance of Allowance for Doubtful Accounts, end of current year Answer$5,600 debit$6,500 debit$7,900 credit$14,400 credit

Part C: Estimated Uncollectible Accounts, current year Answer$27,750$25,300$29,025$23,475

Part D: Bad Debt Expense for current year Answer$30,900$14,625$15,575$34,250