On December 31, 2023 Zoom-Zoom Motors Co. reported "Accounts Receivable, net realizable value" of $5,440 on their balance sheet and "Allowance for Uncollectible Accounts" of $325 in their footnotes. Thus, the gross amount of accounts receivable is $5,765. The company's sales grew dramatically in 2024, and the total credit sales, net of returns were $96,755. They collected cash from customers on account of $86,775. The company wrote off accounts of $425. Management using the Accounts Receivable approach for estimating uncollectable accounts. Zoom-Zoom credit terms are that accounts are due within 60 days. On December 31, 2024, Zoom-Zoom found that 50% of the accounts were not past due, 25% were 60-90 days old, and 25% were over 90 days old. Zoom-Zoom assesses the probability of collection as follows: not past due at 98%, 60-90 days past due at 96%, and over 90 days past due at 90%.

1. What is the totaldollaramountowedtoZoom-ZoomMotorsCompanybyits customers at December 31, 2023?

2. WhatisthetotaldollaramountowedtoZoom-ZoomMotorsCompanybyits customers at December 31, 2024?

3. WhatisthebalanceintheallowanceforuncollectibleaccountsatDecember31, 2024?

4. WhatisthenetrealizablevalueofaccountsreceivableatDecember31,2024?

5. ShowhowthereceivableswouldbereportedonthebalancesheetatDecember31, 2024.

6. What amount willbereportedforbaddebtsexpense(i.e.,provisionforbaddebts) on the income statement for the fiscal year ended December 31, 2024?