Please help with these 2 questions:

The Toy Company's accounts receivable balance on Feb 28 is $85,000, and the allowance for doubtful accounts balance is $2,000. Toy received notice on March 1 that one of its customers, Elf Inc., declared bankruptcy. Toy determined that it was now necessary to write off Elf's account in the amount of $700. After writing off Elf's account, what will be the net realizable value of Toy's accounts receivable? $1,300 $83,000 $84,300 O $85,700 Question 2 3 pts On January 1, Alpha Corporation had a $3,100 credit balance in the Allowance for Doubtful Accounts. During the year, sales totaled $780,000, and $6,900 of accounts receivable were written off as uncollectible. A December 31 aging of accounts receivable indicated the amount probably uncollectible to be $5,300. (No recoveries of accounts previously written off were made during the year.) Alpha's financial statements for the current year should include: Uncollectible accounts expense of $9,100 Allowance for Doubtful Accounts with a credit balance of $8,400 Uncollectible accounts expense of $5,300 Allowance for Doubtful Accounts with a credit balance of $1,500