Camp Co. had credit sales of 690,000 for March. Accounts receivable of 5,830 were determined to be worthless and were written off during March. Accounts receivable total 730,000 at March 31. Management feels that based on past experience, approximately 2% of net credit sales will prove to be uncollectible.

1. Assuming Camp Co. uses the direct write-off method of accounting for uncollectible accounts, what is uncollectible accounts expense for March? (5 points)
2. Assuming Camp Co. uses the income statement approach to account for uncollectible accounts, what is uncollectible accounts expense for March? (5 points)