Credit sales for the year were $800,000. Allowance for Uncollectible Accounts on Dec. 31, Year 8 was $10,000 Credit. The A/R aging of ARR Co. shows the following at Dec. 31, Year 9. Aging Amount % uncollectible Current $200,000 1% 30-60 days $100,000 5% 60-90 days $75,000 10% 90-120 days $50,000 30% > 120 days $25,000 50%

(a) Assuming no other information other than what is stated above, how much would be the net realizable value of A/R? (b) What would be the adjustment for bad debts, and what will be the NRV of receivables, if the company bases bad debts on 5% of credit sales? (c) Same as (b) but the company bases bad debts on the A/R aging. (d) Same as (b) but during Year 9 the company wrote off $50,000 of A/R and recovered $40,000. (e) Same as (c) but during Year 9 the company wrote off $50,000 of A/R and recovered $40,000.