On January 1, 2022, Guerrero Rocher Company's balance of accounts receivable was $2,400, and the allowance for bad debts account had a credit balance of $190. During 2022, Guerrero recorded sales revenue of $91,000 ($84,000 credit sales and $7,000 cash sales) and collected $82,000 on account. Q16. If Guerrero estimates bad debts as 3% of credit sales, what is the net realizable value of accounts receivable on December 31, 2022? $1,290 $1,490 $1,690 $1,890 QUESTION 17 Q17. If Guerrero estimates that 10% of accounts receivable are uncollectible, what is its bad debt expense for 2022? $150 $250 $350 $450