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n its recent fnandal statements, Hassel Fine Foods reported the folowing information about net sales revenue and a counts recevable amonts in thousands Accourts receivable,

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n its recent fnandal statements, Hassel Fine Foods reported the folowing information about net sales revenue and a counts recevable amonts in thousands Accourts receivable, net of allowances of $293 and $257 Net revenues Current Yoar S 14909 S 12,738 3,92054 822 According to its Form 10-K, Hassell recorded bad debt expense of $116 and did not reinstate any bad debts on the Accounts Recelvable (Gross) and the Allowance for Doubtful Accounts T previously wirten-off accounts during the curment year.(Hint Refer to the summary of the effects of accounting for -accounts. Use the T-acoounts to solve for the missing values.) Required: 1. What amount of bad debts was writen off during the current year? (Entet your answers in thousands not in dollans) Beg. bal End. bal 2.Based on your answer to roqurement (1),solvefor cash colected hom customers for the arrent year, assuming that al cr Hassers san dmg the period were on open acount (Enter your wers in thousands not in dollars.) Beg. bal End. bal MacBook Air

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