At the end of January, the unadjusted trial balance of Windsor, Inc. included the following accounts:

	DEBIT	CREDIT
Sales (80% of this is credit sales)		$500,000
Accounts Receivable	$340,000
Allowance for Doubtful Accounts		$800

Answer the following 2 questions:

1) Windsor uses the balance sheet approach in estimating uncollectible accounts expense, and aging the accounts receivable indicates the estimated uncollectible portion to be $7,400. What is the amount of uncollectible accounts expense recognized in Windsor's income statement for January?

2) Windsor uses the income statement approach in estimating uncollectible accounts expense, and uncollectible accounts expense is estimated to be 2% of credit sales. What is the amount of uncollectible accounts expense recognized in Windsor's income statement for January?