questions in red are wrong, and the reamining filling part what I did are not sure. we should fill all the empty part.thanks

Problem 7-2 Your answer is partially correct. Try again Presented below are a series of unrelated situations. Answer the questions relating to each of the five independent situations as requested. 1. Blue Company's unadjusted trial balance at December 31, 2017, included the following accounts Debit Credit Accounts receivable Allowance for doubtful accounts Net sales $53,600 $5,450 $1,209,200 Blue Company estimates its bad debt expense to be 6% of gross accounts receivable. Determine its bad debt expense for 2017. Bad debt expense for 2017 72552 2. An analysis and aging of Kingbird Corp. accounts receivable at December 31, 2017, disclosed the following. Amounts estimated to be uncollectible Accounts receivable Allowance for doubtful accounts (per books) $181,130 1,774,300 126,200 What is the net realizable value of Kingbird's receivables at December 31, 2017? The net realizable value 1648100 3. Oriole Co. provides for doubtful accounts based on 4% of gross accounts receivable, The following data are available for 2017. Credit sales during 2017 Bad debt expense Allowance for doubtful accounts 1/1/17 Collection of accounts written off in prior years (customer credit was reestablished) Customer accounts written off as uncollectible during 2017 $2,423,400 57,590 15,880 8,340 29,140 What is the balance in Allowance for Doubtful Accounts at December 31, 2017? The balance in Allowance for Doubtful Accounts 35910 4. At the end of its first year of operations, December 31, 2017, Waterway Inc. reported the following information. Accounts receivable, net of allowance for doubtful accounts Customer accounts written off as uncollectible during 2017 Bad debt expense for 2017 $986,400 24,890 88,450