SHORT ANSWERS 1. Susan & Jim's Pool Cleaners Products Company estimates that $500 of its $30,000 Accounts Receivable are uncollectible. What is the net realizable value of Accounts Receivable? 2. What is the amount of interest accrued on s5,000 at 6% for 90 days? Use the following information to answer questions 3, 4, and 5. At the beginning of the year, Martin Mason Inc. purchased a used jet for $25,000,000. The company expects the jet to remain useful for 10 years (8.000,000 miles) and to have a residual value of $6,200,000. In the first year, the plane is flown 1,100,000 miles. 3. What is the amount of the company's first-year depreciation expense on the plane using the Units-of-production Method of depreciation