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On December 31, 2019 (the end of its fiscal year), LaCroix Corporation reported the following information Balance Sheets 2012 2018 Current Assets Accounts receivable, net of allowances for doubtful accounts of $17.000 and $15,000 $360,271 $315,050 In addition, La Croix reported sales revenues of $2,000,000 for 2019. All sales are made on a credit basis (terms, n/90). Accounts receivables of $13,200 were written off in 2019 and there were recoveries of accounts receivable of $10,000 previously written off LaCroix uses an aging approach for the allowance for bad debts. Determine (1) the amount of cash.collections from customers in 2019 and (2) the amount of bad debt expense in 2019 None of other answer choices is correct O $1.951,579 / $5,200 $1,941,579 / $5.200 $1,951.579 / $15.200 The following information is provided for Eugene Inc. Cash Property, plant, and equipment Short-term investments Accounts payable Inventory - estimated returns Inventory Allowance for sales returns Prepaid insurance for one year Estimated warranty liability Patent Allowance for doubtful accounts Accounts receivable, gross $1,000 2,000 3,000 2,500 1,000 5,000 1,000 3,000 1,000 1,000 1,000 5,000 Determine the amount of current assets. $15.000 None of other answer choices is correct $17.000 $16.000