QUESTION 22 As ofJanuary 1, 2018, Farley Co. had a credit balance of $540,000 in its allowance for uncollectible accounts. Based on experience, 4% of Farley's credit sales have been uncollectible. During 2018, Farley wrote off $633,000 of accounts receivable. Credit sales for 2018 were $18,600,000. In its December 31, 2018, balance sheet, what amount will Farley report as allowance for uncollectible accounts? $651,000 $837,000. $1,284,000 $744,000 QUESTION 23 On January 1, Year 1, Weller Company issued bonds with a $310,000 face value, a stated rate of interest of 9.50%, and a 10-year term to maturity. Weller uses the effective interest method to amortize bond discounts and premiums. The market rate of interest on the date of issuance was 7.50%. Interest is paid annually on December 31. Assuming Weller issued the bond for $333,090, what is the amount of interest expense that will be recognized during Year 3? (Round your intermediate calculations and final answer to the nearest whole dollar amount.) $24,286 $24,982 $34,614 O$29,450