Bing Auto Parts sells new and used auto parts. Although a majority of its sales are cash sales, it makes a significant amount of credit sales. During 2014, its first year of operations, Bing Auto Parts experienced the following:

Sales on account	$	320,000
Cash sales		680,000
Collections of accounts receivable		295,000
Uncollectible accounts charged off during the year		1,400

Required

Assume that Bing Auto Parts uses the allowance method of accounting for uncollectible accounts and estimates that 1 percent of its sales on account will not be collected. Answer the following questions:

a.	What is the Accounts Receivable balance at December 31, 2014?

b.	What is the ending balance of Allowance for Doubtful Accounts at December 31, 2014, after all entries and adjusting entries are posted?

c.	What is the amount of uncollectible accounts expense for 2014?

d.	What is the net realizable value of accounts receivable at December 31, 2014?