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Amdahl Corporation manufactures large-scale, high performance computer systems. In a recent annual report, the balance sheet included the following information: Current Year Previous Year Current
Amdahl Corporation manufactures large-scale, high performance computer systems. In a recent annual 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 (S) nor percentages (%)]: 1. Compute the amount of uncollectibles written off by Amd
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