Current Attempt in Progress The following information is related to December 31, 2016 balances. Accounts receivable $1550000 Allowance for doubtful accounts (credit) (115000) Cash realizable value 1160000 500 in uncollectible accounts. analysis of outstanding During 2017 sa on account were $350000 and collections on acc unt were $220000. Also, during 17 the company wrote off receivable accounts at year end indicated that bad debts should be estimated at $142000. Bad debt expense for 2017 is: $4400. $142000. $49600. $27000