At December 31, 2022, Wiley, Inc. reported the following information on its balance sheet.

A. What is the ending balance in the Accounts Receivable account as of December 32, 2023?

B. What is the Net Realizable Value of Accounts Receivable (Net A/R) on December 31, 2023, after adjusting entries, assuming that Wiley Inc. estimates bad debts to be 2% of credit sales?

C. What is the Net Realizable Value of Accounts Receivable (Net A/R) on December 31, 2023, after adjusting entries, assuming INSTEAD that Wiley Inc. estimates bad debts based on 5% of of their total ending accounts receivable balance?

5. At December 31,2022 , Wiley, Inc. reported the following information on its balance sheet. During 2023, the company had the following transactions related to receivables: 40,000 Recovery of bad debts previously written-off... 9,000 A. What is the ending balance in the Accounts Receivable account as of December 31,2023 ? Given your answer to Part A, complete Parts B and C as two independent scenarios: B. What is the Net Realizable Value of Accounts Receivables (e.g., Net A/R) on December 31, 2023, after adjusting entries, assuming that Wiley Inc. estimates bad debts to be 2% of credit sales? C. What is the Net Realizable Value of Accounts Receivables (e.g., Net A/R) on December 31, 2023, after adjusting entries, assuming INSTEAD that Wiley Inc. estimates bad debts based on 5% of their total ending accounts receivable balance