Dandelion Co. applies the allowance method to value its accounts receivable. The company estimates its expected credit loss based on past experience, which indicates that 1.5% of net credit sales will be uncollectible. Its total sales for the year ended December 31, 2021, amounted to P2,000,000 including cash sales of P200,000. After a thorough evaluation of the accounts receivable from Domp Co. amounting to P10,000, Dandelion has decided to write off this account before yearend adjustments are made. Shown below are Dandelion's account balances at December 31, 2021, before any adjustments and the P10,000 write off. Sales Accounts receivable Sales discounts Allowance for doubtful accounts Sales returns and allowances Doubtful accounts expense P2,000,000 750,000 125,000 16,500 175,000 Sales returns and allowances are all from the entity's credit customers. Dandelion has decided to value its accounts receivable using the aging of accounts receivable. Presented below is the aging of the accounts receivable subsidiary ledger accounts at December 31, 2021: Account Balance 61 to 90 days 91 to 120 days Over 120 days Less than 60 days P 50,000 90,000 250,000 P 38,000 77,000 Artichoke Broccoli Carrot Daikon Endive Total P 50,000 128,000 327,000 25,000 210,000 P740,000 P25,000 P390,000 P115,000 95% P210,000 P210,000 85% P25,000 60% % collectible 99% 10. How much is the doubtful accounts expense based on net credit sales? 11. How much is the total doubtful accounts expense recognized by Dandelion in 2021? 12. How much is the net realizable value of Dandelion's accounts receivable on December 31, 2021