Question 9 (1 point) On January 1, 202X, Hawks Delivery Inc. purchased a van to deliver goods at the beginning of the current year. The vendor offered Hawks Delivery Inc. financing terms that required Hawks Delivery Inc. to make 6 equal semi-annual payments of $ 42000 at the end of every second quarter. The current interest rate for Hawks Delivery Inc. is 10%. How much would Hawks Delivery Inc. record as the initial purchase price of the van? Round your answer to the nearest dollar. Your Answer: Answer Answer Question 10 (1 point) At the beginning of the year, X Ltd. had a credit balance of $30000 in its allowance for doubtful accounts, During the year X. Ltd. had wrote off $6000 of accounts receivable and had recoveries of $1000. At the end of the year, using the aging method, X Ltd. determined that a balance of $66000 was required in its allowance for doubtful accounts. What was X. Ltd.'s bad debt expense for the year? Your