Sunland Company provides for bad debt expense at the rate of 2% of accounts receivable. The following data are available for 2018:

Allowance for doubtful accounts, 1/1/18 (Cr.)	$ 13100
Accounts written off as uncollectible during 2018	9600
Ending accounts receivable	1198000

The Allowance for Doubtful Accounts balance at December 31, 2018, should be

2- Crane Company purchased equipment and these costs were incurred:

Cash price	$65400
Sales taxes	4100
Insurance during transit	660
Installation and testing	830
Total costs	$70990

Crane will record the acquisition cost of the equipment as