The balance in Accounts receivable at the beginning of the period was $240,000. The net sales during the period amounted to $880,000. The Sales returns and allowances account has shown $60,000. From the credit customers collected $1,100,000.

Using the allowance method, the uncollectible accounts for the year are estimated to be $50,000.

If the balance for the Allowance for Doubtful Accounts is $9,000 before adjustment,

calculate:

a. the balance after adjustment

b. the amount of bad debt expense for the period

c. the net realizable value of Accounts receivable