Question Content Area At the end of the current year, Accounts Receivable has a balance of $124,380; Allowance for Doubtful Accounts has a debit balance of $3,572; and credit sales for the year total $942,000. Bad debt expense is estimated at 1/2 of 3% of credit sales.

a. Determine the amount of the adjusting entry for bad debt expense.

b. Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense.

Line Item Description	Adjusted Balance
Accounts Receivable	$fill in the blank 2
Allowance for Doubtful Accounts	fill in the blank 3
Bad Debt Expense	fill in the blank 4

c. Determine the net realizable value of accounts receivable.