Cirrus Logic, Inc. , is a leading designer and manufacturer of advanced integrated circuits that integrate algorithms and mixed-signal processing for mass storage, communications, consumer electronics, and industrial markets. The companys 2011 financial statements contained the following information:

	($ in thousands)
Balance sheets	2011	2010
Current assets:
Accounts receivable, net	$40,118	$24,583

	($ in thousands)
Income statements	2011	2010
Net sales	$371,791	$223,209

In addition, the statement of cash flows disclosed that accounts receivable increased during 2011 by $15,535 (in thousands). This indicates that cash received from customers was $15,535 (in thousands) less than accrual sales revenue. Also, a disclosure note reported that the allowance for uncollectible accounts (in thousands) was $461 and $548 at the end of 2011 and 2010, respectively

Assuming that all sales are made on a credit basis, determine the amount of bad debt expense for 2011 and the amount of actual bad debt write-offs made in 2011.

Cirrus Logic, Inc. , is a leading designer and manufacturer of advanced integrated circuits that integrate algorithms and mixed-signal processing for mass storage, communications, consumer electronics, and industrial markets. The company½s 2011 financial statements contained the following information:(dollar in thousands) Balance sheets 2011 2010Current assets: Accounts receivable, net dollar40,118 dollar24,583(dollar in thousands) Income statements 2011 2010Net sales dollar371,791 dollar223,209In addition, the statement of cash flows disclosed that accounts receivable increased during 2011 by dollar15,535 (in thousands). This indicates that cash received from customers was dollar15,535 (in thousands) less than accrual sales revenue. Also, a disclosure note reported that the allowance for uncollectible accounts (in thousands) was dollar461 and dollar548 at the end of 2011 and 2010, respectively Assuming that all sales are made on a credit basis, determine the amount of bad debt expense for 2011 and the amount of actual bad debt write-offs made in 2011