During 2015, Aggie Inc. had $775,000 of sales on credit. Also, during 2015 the company wrote off $15,000 of accounts receivable as definitely uncollectible and collected $1,000 from individuals whose from accounts had been written off the previous years. The company estimates its bad debts each year to be 2% of 1, 2015, the accounts receives balance was $30,000, and on December 31, 2015, the balance was $51,000. The January 1, 2015 balance in the Allowance for Doubtful Accounts was $5, 100 (credit). Determine the amount of cash collected form credit sales during the year 2015. Determine the December 31, 2015 balance in the Allowance for Doubtful Accounts: Determine Net Realizable Value on December 31, 2015