hi there can you please explain and answer questions 34-40

34. Alberto Company's net account receivables were 5480.000 at December 31, 2018. Ne me $400,000 at December 31, 2017 and receivabla r 31, 2018. Net cash sales for 2018 were $360,000. The accounts e turnover for 2018 was 6.0. What were Alberto's total 60. What were Alberto's total net sales for 2018? a $2.640,000 b. $2,760,000 c. $3,240,000 d. $3,000,000 Use the following information to answer questions 35 and 30 Noise and Abuse Record company uses a FIFO perpetual inventory Total Cost Number of Units Unit Cost $7 $700 100 Beginning inventory Purchases January 3 June 12 December 20 Goods available 9 200 400 1.800 1.200 $4,100 120 10 470 40 Sales during the year (in units): January 6 June 18 December 24 220 60 35. Determine the cost of goods sold: a $2.630 b. $1,470 c. $2,870 d. $2,630 36. Determine ending inventory: a $1.470 b. $2,630 c. $1,230 d. $1,480 17. Given below is a partial depreciation schedule for an asset purchased for $10,000 on January 1, 2017. The asset was depreciated using the double-diminishing balance method. Year-end Carrying amount 2017 2018 2019 $6,000 3,600 2,160 The estimated useful life of the asset must have been: a. 2.5 years b. 3 years c. 4 years d. 5 years 38. During 2018, Able Corporation collected $700,000 in cash relating to sales. The beginning Accounts Receivable was $250,000 and the ending balance was $225,000. The revenue generated for the year must have been: a. $700,000 b. $925,000 c. $725,000 d. $675,000 39. On January 1, 2018, McMann Company's Allowance for Doubtful accounts had a credit balance of $30,000. During 2018, McMann charged $64,000 to Bad Debt Expense, wrote off $46,000 of uncollectible accounts receivable, and unexpectedly recovered $12,000 of bad debts written off in the prior year. The Allowance for Doubtful accounts balance at December 31, 2018, would be a. $48.000 b. $60,000 c. $64,000 d. $94,000 40. Golden Company rents office space at a cost of $700 per month. During the twelve- month period just ended, total cash payments to the landlord for rent were $7,700. Of this amount, $1,400 represented payments made this year for rent expense incurred during the previous year. On the year-end balance sheet, what amount should be reported as rent payable under current liabilities? a. $0 b. $700 c. $1,400 d. $2,100