QUESTION 12 Accounts Receivable Evans Engraving specializes in custom engraved awards, plaques, and trophies. During 2074, it had $410,000 of total gross sales. $290.000 of which were on account. Evans collected $270.000 from its customers during the year, wrote-off S15.000 of uncollectible receivables, and gave $19.000 in sales discounts to customers. Complete the following t-accounts related to the company's 2074 receivables transactions. Assume that Evans uses the Percentage of Receivables method of determining bad debts and estimates 3% of its outstanding receivables will become uncollectible. Enter dollar values with no dollar sign and appropriate commas (eg 5,000). Every box In each t-account relates to a separate transaction and every box needs an answer If there is no dollar value for the box, put a *o* in the space provided. If the t-account is not used, write "Blank" for the account title. ASSETS LIABILITIES EQUITY Cash Sales Revenue Accounts Recevable 1/1 BAL 190.000 Sales Discounts Accounts Receivable Sales Discounts 1/1 BAL 190.000 Allowance for Doubtful Accounts 5.700 BAL 1/1 Bad Debt Expense What is the 12/31/Y4 Cash (Net) Realizable Value of Accounts Receivable