At the end of the current year, Accounts Receivable has a balance of $859,440; Allowance for Doubtful Accounts has a credit balance of $5,160; and sales for the year total $2,995,000. Bad debt expense is estimated at 1/2 of 1% of net sales.

a. Determine the amount of the adjusting entry for bad debt expense. $fill in the blank 1

b. Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense.

	Adjusted Balance
Accounts Receivable
Allowance for Doubtful Accounts
Bad Debt Expense

c. Determine the net realizable value of accounts receivable. $fill in the blank 5