Review the Tableau visualization, and then answer the questions that follow. Uncollectible Accounts Estimate Before Adjustment 5% of Accounts Receivable 15% of Accounts Receivable Lower of Cost or NRV Estimate Before Adjustment $4,000 NRV Below Cost $12,000 NRV Below Cost Depreciation Estimate Before Adjustment 6 Years 12 Years Warranty Estimate Before Adjustment 4% of Sales Revenue 12% of Sales Revenue ndicate whether each of the two risk ratios and each of the two profitability ratios increases or decreases when aggressive stimates are made compared to when conservative estimates are made. Select the more aggressive estimate for each of the four adjusting entries. What are the amounts for (a) net income, (b) total assets, and (c) net cash flows? Select the more conservative estimate for each of the four adjusting entries. What are the amounts for (a) net income, (b) total assets, and (c) net cash flows? At the end of its first year of operations, a company is preparing financial statements but no year-end adjusting entries have yet been made. The company's management provides the following range of estimates: - Future uncollectible accounts are estimated to be 5% to 15% of accounts receivable. - The estimated selling price of ending inventory (NRV) is $4,000 to $12,000 below cost. - Equipment purchased during the year will be depreciated over its estimated service life of 6 to 12 years. - Future warranty costs are estimated to be 4% to 12% of sales revenue. Required: Complete this question by entering your answers in the tabs below