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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 (dollars in thousands): Current Year

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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 (dollars in thousands): Current Year Previous Year Current assets: Receivables, net of allowances of $5,642 and $7,250 in the previous year 510,944 $ $587,240 In addition, the income statement reported sales revenue of $2,219,755 ($ in thousands) 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 $2,290,065 ($ in thousands). There were no recoveries of accounts receivable previously written off. Required: 1-a.Compute the amount of uncollectibles written off by Amdahl during the current year. (Enter your answer in thousands.) Uncollectibles written off 1-b.Compute the amount of bad debt expense that Amdahl would include in its income statement for the current year. (Enter your answer in thousands.) Bad debt expense 1-c. Compute the approximate percentage that Amdahl used to estimate uncollectibles for the current year, assuming that it uses the income statement approach. (Round your percentage answer to 1 decimal place.) Approximate porcentage %

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