At the end of the year the unadjusted balances of Angel Provisions included the following accounts:

Sales $ 880,575 Accounts Receivable $ 111,475 Allowance for Doubtful Accounts 1,718

(a.) If Angel uses the balance sheet approach to estimate uncollectible accounts expense, and aging the accounts receivable indicates the estimated uncollectible portion to be $6,075: What will the uncollectible accounts expense for the year be? ___________________________ What will the Net Realizable Value of Accounts Receivable be at year end?__________________

(b.) If the income statement approach to estimating uncollectible accounts expense is followed, and uncollectible accounts expense is estimated to be 1% of net credit sales: What is the amount of uncollectible accounts expense for the year? _______________________________ What will the Net Realizable Value of Accounts Receivable be at year end?__________________