Presented below are a series of unrelated situations Answer the questions relating to each of the five independent situations as requested. 1. Cheyenne Company's unadjusted trial balance at December 31, 2017 included the following accounts. Debit Credit Accounts receivable $53,300 $4,950 Allowance for doubtful accounts Net sales $1,232,500 Cheyenne Company estimates uncollectible accounts to be 6% of gross accounts receivable. Determine its bad debt expense for 2017. Bad debt expense for 2017 2. An analysis and aging of Ayayai Corp. accounts receivable at December 31, 2017, disclosed the following. s 182,300 Amounts estimated to be uncolle Accounts receivable 1,786,000 Allowance for doubtful accounts (per books) 126,040 What is the net realizable value of Ayayai's receivables at December 31, 2017? The net realizable v 3. Pina Co. provides for doubtful accounts based on 2% of gross accounts receivable, The following data are available for 2017 credit sales during 2017 $3,912,600 57,110 Bad debt expense Allowance for doubtful accounts 1/1/17 16,250