Required Informatlon

$[$The following information applies to the questions displayed below.$]$

The following is a portion of the current asset section of the balance sheets of HIROE Company, at December $31,2023$

and $2022$ :

Accounts receivable, less allowance for uncollectible accounts of

$$8,400$ and $$4,500,$ respectively

$12/31/2312/31/22$

$$156,000$ $ $116,000$

Required:

b$.$ If bad debts expense for $2023$ totaled $$10,600,$ what was the amount of accounts recelvable written off during the year? $($HInt$.$ Use

the T$-$account model of the Allowance account, plug in the three amounts that you know, and solve for the unknown.$)$

c$.$ The December $31,2023,$ Allowance account balance includes $$3,100$ for a past due account that is not likely to be collected. This

account has not been written off.

If It had been written off, will there be any effect of the write off on the working capital at December $31,2023?$

If it had been written off, will there be any effect of the write off on net income and ROI for the year ended December $31,2023?$

d$.$ The level of HIROE's sales in $2023$ is probably higher as compared to $2022.$

e$.1.$ Calculate the ratio of the Allowance for Uncollectible Accounts balance to the Accounts Recelvable balance at December $31,$

$2023$ and $2022.$

Complete this question by entering your answers in the tabs below.

Calculate the ratio of the Allowance for Uncollectible Accounts balance to the Accounts Receivable balance at December $31,$

$2023$ and $2022.$

Note: Enter your answers as a percentage rounded to $1$ decimal place $($i$.$e$.,3\mathrm{.}2).$