1. On December 31, 2019, the accounts receivable control account of Perseverance Co. shows the following. An analysis of the accounts receivable account showed the following:

Trade receivables from officers, due currently 1,500

Trade installment receivable due 1-18 months (including unearned finance charges, P2,500) 25,000

Trade accounts receivable assigned 15,000

Trade accounts on which post-dated checks are held (no entries were made on receipt of checks) 5,000

Subscription receivable for ordinary share capital due in 30 days 55,000

Special deposit on contracts 40,000

Trade notes receivable 26,000

Notes receivable discounted 24,000

Other trade accounts receivable unassigned 50,000

Accrued interest receivable 12,000

Due from employees 7,500

Customers accounts reporting credit balance arising from sales return (15,000)

Allowance for doubtful accounts (5% of trade receivables) ?

Advances to affiliated companies 25,000

Advance payments to creditors on purchase orders 10,000

Accounts known to be worthless 2,500

How much is the trade receivables, net allowance of doubtful accounts?

How much is the trade and other receivable to be reported on December 31, 2019 statement of financial position?