On December 31, Year8 immediately before adjusting entries, Sparky Co. has the following balances: S300,000 Accounts Receivable Allowance for Uncollectible Accounts Sales revenue (cash and credit) $500 (debit, abnormal balance) $800,000 During Year8, Sparky wrote-off $14,000 of accounts. Sparky uses the aging method. Half of the accounts are over 60 days old and Sparky estimates that 10% of those will be uncollectible. The other accounts are current and Sparky estimates only 2% of those will be uncollectible. 1. 2. 3. What will bad debt expense be on the Year8 income statement? What will be the net realizable value of A/R on the balance sheet at 12/31/Year8? Assume Sparky writes-off a $1,000 account on 1/1/Year9. (The first transaction of Year9) What is the net realizable value of AR after this entry