According to last years balance sheet, a company reported Accounts Receivable of $550,000 and a credit balance in Allowance for Doubtful Accounts of $34,000. During the current year, the company recorded $1,600,000 of service revenue on account and $1,550,000 in collections from customers. This year, the company wrote off $45,000 in accounts payable 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 amounts for the current year.

Part A: Balance of Accounts Receivable, end of current year Answer

Part B: Unadjusted balance of Allowance for Doubtful Accounts, end of current year Answer

Part C: Estimated Uncollectible Accounts, Current year Answer

Part D: Bad Debt Expense for current year Answer