In 2025 the Oriole Service Co. had net credit sales of $950000. On January 1,2025 , the Allowance for Doubtful Accounts had a credit balance of $22400. During 2025 , $33500 of uncollectible accounts receivable were written off. Past experience indicates that the allowance should be 5% of the balance in receivables (percentage-of-receivables basis). If the accounts receivable balance at December 31 was $235000, what is the required adjustment to the Allowance for Doubtful Accounts at December 31, 2025? $11750. $22850. $34150. $33500. The financial statements of the Sage Hill Manufacturing Company report net credit sales of $446500 and net accounts receivable of $66000 and $28000 at the beginning of the year and the end of the year, respectively. What is the accounts receivable turnover for Sage Hill? 4.8 times 12.5 times 7.6 times 9.5 times