At the end of the current year, Accounts Receivable has a balance of $655,000; Allowance for Doubtful Accounts has a credit balance of $6,000; and sales for the year total $2,950,000. Bad debt expense is estimated at 1.25% of sales. a. Determine the amount of the adjusting entry for uncollectible accounts. $ 36,875 b. Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense. Adjusted Balance Debit (Credit) Accounts Receivable $ 655,000 Allowance for Doubtful Accounts 30,875 X Bad Debt Expense 36,875 c. Determine the net realizable value of accounts receivable. $ 587,250 X