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On its recent financial statements, Hassell Fine Foods reported the following information about net sales revenue and accounts receivable ( amounts in thousands ) :

On its recent financial statements, Hassell Fine Foods reported the following information about net sales revenue and accounts receivable (amounts in thousands):
According to its Form 10-K, Hassell recorded bad debt expense of $120 and there were no bad debt recoveries during the current year.
Required:
Using the following T-account for Allowance for Doubtful Accounts, what amount of bad debts was written off during the current year?
Using the following T-account for Accounts Receivable (Gross), solve for cash collected from customers for the current year, assuming that all of Hassell's sales during the period were on open account.
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