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Assuming that instead of basing the provision for uncollectible accounts on an analysis of receivables, the adjusting entry on December 3 1 had been based

Assuming that instead of basing the provision for uncollectible accounts on an analysis of receivables, the adjusting entry on December 31 had been based on an estimated expense of (1)/(2) of 1% of the sales of $5,350,000 for the year, determine the following:
a. Bad debt expense for the year.
fill in the blank 1 of 1$
b. Balance in the allowance account after the adjustment of December 31.
fill in the blank 1 of 1$
c. Expected net realizable value of the accounts receivable as of December 31(after all of the adjustments and the adjusting entry).

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