At year end, Zhou Company prepared the accounts receivable aging below including percentages estimated to be uncollectible.

Age	Accounts	Estimated
Group	Receivable	Loss %
Current (not past due)	$800,000	0.5%
1-30 days past due	320,000	1.0%
31-60 days past due	80,000	2.0%
61-120 days past due	48,000	5.0%
121-180 days past due	32,000	10.0%
Over 180 days past due	16,000	25.0%
Total accounts receivable	$1,296,000

At the beginning of the final month of the year, there was a credit balance of $24,000 in the Allowance for uncollectible accounts. During the month, Zhou Company wrote off $12,800 in receivables.

a. What amount of bad debts expense will Zhou Company report for the year?

b. What is the net amount of accounts receivable reported on Zhou's balance sheet at year-end?