stion 12 The ledger for Rainbow Company at the beginning of 2019 shows Accounts Receivable $135,000 and Allowance for Doubtful Accounts $17,500. Both Company reported credit sales of $490,000 and collections of $447,500. Rainbow wrote off a total of $37,500 in uncollectible accounts receivable but w receivable are estimated to total $42,500 at the end of the period. Instructions: (All answers should include a comma and a dollar sign) Determine the ending balance in Accounts Receivable Determine the ending balance in Allowance for Doubtful Accounts Determine the bad debt expense for the period Determine the net realizable value of the receivables at the end of the period