At the end of the current year, Accounts Receivable has a balance of $550,000; Allowance for doubtful Accounts has a credit balance of $5,500; and sales for the year total $2,500,000. An analysis of receivables estimates uncollectible realizable value of accounts receivable. Determine (1) the amount of the adjusting entry for bad debt expese; (2) the adjusted balance of Accounts Receivable; and (3) the net realizable value of accounts receivable.