Data related to the inventories of Costco Medical Supply are presented below: 12 Surgical Equipment $ 271 Surgical Supplies $ 136 107 7 Selling price Cost Costs to sell Rehab Equipment $ 345 253 22 Rehab Supplies $ 152 153 6 6.5 points 155 23 8 02:33:30 In applying the lower of cost or net realizable value rule, the inventory of surgical equipment would be valued at: 13 Calistoga Produce estimates bad debt expense at 0.30% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $480,000 and $1,620, respectively, at December 31, 2020. During 2021, Calistoga's credit sales and collections were $334,000 and $315,000, respectively, and $1,810 in accounts receivable were written off. Calistoga's accounts receivable at December 31, 2021, are: 5.5 14 As of January 1, 2021, Barley Co. had a credit balance of $540,000 in its allowance for uncollectible accounts. Based on experience, 3% of Barley's gross accounts receivable have been uncollectible. During 2021, Barley wrote off $670,000 of accounts receivable. Barley's gross accounts receivable as December 31, 2021 is $19,000,000. How much bad debt expense should Barley record for 2021? 6.5