BE$8\mathrm{.}6$ Refer to the data in BE$8\mathrm{.}5$ for Gourdeau Co$.$

Determine the allowance and prepare partial balance sheet.

Assuming the allowance for doubtful accounts has an unadjusted credit balance of $$4,500$ at December $31,$ what is the bad debt expense for the year?

Prepare the current assets section of the balance sheet for Gourdeau Co$.$ Assume that, in addition to the receivables, it has cash of $$90,000,$ merchandise inventory of $$130,000,$ and prepaid insurance of $$7,500.$