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Amdahl Corporation manufactures large - scale, high performance computer systems. In a recent ann al report, the balance sheet included the following information: Current Year

Amdahl Corporation manufactures large-scale, high performance computer systems. In a recent annal report, the balance sheet included the following information:
Current Year Previous Year
Current assets: Receivables, net of allowances of $5,042 and $6,590 in the previous year
$504,944,$580,640
In addition, the income statement reported sales revenue of $2,158,755 for the current year. All sales are made on a credit basis. The statement of cash flows indicates that cash collected from customers during the current year was $2,230,065. There were no recoveries of accounts receivable previously written off.
Answer the following questions [DO NOT enter commas (.) nor Dollar signs ($) nor percentages (%)]:
Compute the amount of uncollectibles written off by Amdahl during the current year. $
Compute the amount of bad debt expense that Amdahl would include in its income statement for the current year. $
What is the approximate percentage that Amdahl used to estimate uncollectibles for the current year calculated as a percentage of sales? %
Suppose that Amdahl had used the direct write-off method to account for uncollectibles. Compute the accounts receivable information that would be included in the year-end balance sheet. $
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