Show how the amounts related to Accounts Receivable and Bad Debt Expense would be reported on the balance sheet and income statement for 2015. Under current assets, I need to find the numbers for A. Account Receivable B. Allowance for Doubtful Accounts and C. Account Receivable Net of Allowance. All of the following information is underneath and I attached 2 pictures of the problem to help.

During the year ended December 31, 2015, Kelly?s Camera Shop had sales revenue of $145,000, of which $72,500 was on credit. At the start of 2015, Accounts Receivable showed a $10,000 debit balance and the Allowance for Doubtful Accounts showed a $550 credit balance. Collections of accounts receivable during 2015 amounted to $63,000.

Data during 2015 follow:

a.	On December 10, a customer balance of $1,250 from a prior year was determined to be uncollectible, so it was written off.
b.	On December 31, a decision was made to continue the accounting policy of basing estimated bad debt losses on 2 percent of credit sales for the year.