Preculred Informmtien The romowing informetion apoplies to the questions displeyved bekow? Larsen Compery began the current year with balances in accounts recelvabie and allowance for doubtiul accounts of $53,700 and $4,020, respectvely. The compsmy reported credit sales of $479,250 during the yoat, collected $512,200. and wrote ofr $4,000 of uncollectible accounts. Larsen Company estimates that 10 \% of its accounts recelvable bolance wh be uncollectble. Reaulrecd: 2. Determine the balance in the allowance for doubtful accounts as of the end of the current year. Mecoulred: b. Carnpinte Larsen Compary/s uncohectible accounts expense for the current year. Reculired: c. Determine Larsen's net realixable value of accounts recelvable as of the end of the current year