Dan Corp. reports the following ledger balances at $1/1/$x$4$ related to its trade accounts receivable.

Account

Amount

Accounts receivable

$$240,000$

Allowance for doubtful accounts

$$10,000$

Allowance for sales returns

$$4,000$

Dan Corp. recorded credit sales revenue of $$1,450,000$ during the year.

The company collected cash from its outstanding credit customers in the amount of $$1,210,000.$ $$13,000$ of customer accounts were written off during the year after they were determined to be in default. A single account in the amount of $$2,000$ that was written off in the prior year was reinstated when the customer notified Dan Corp. it could pay. The customer paid the $$2,000$ settling their account $($this $$2,000$ is not included in the $$1,210,000$ indicated above$).$

The company also allows returns associated with merchandise sold on credit. The company estimates sales returns for a given year at $2\%$ of its sales for the period. During the year, $$10,000$ of returns were made by customers.

To adjust for potential bad debt expense, the company uses the following aging schedule:

Days outstanding

Amount

Probability of default

$130$ days

$$390,000$

$2\%$

$3060$ days

$$40,000$

$5\%$

$60+$ days

$$27,000$

$10\%$

Caclulate the ending balance of the allowance for doubtful accounts. Calculate the amount of the adjustment required for sales returns at the end of the period. Determine the amount of the ending balance of the allowance for sales returns after all adjustments are made. Determine the balance of the accounts receivable that would be reported on the balance sheet $($i$.$e$.,$ its net realizable value$).$