The Concord Pub provides catering services to local businesses. The following information was available for The Concord Pub for the years ended December 31, 2016 and 2017. Concord management is preparing for a meeting with its bank concerning renewal of a loan and has collected the following information related to the above balances. 1. The cash reported at December 31, 2017, reflects the following items: petty cash exist1, 580 and postage stamps exist140. The other current assets balance at December 31, 2017, includes the checking account balance of exist3, 880. 2. On November 30, 2017, Concord agreed to accept a 6-month, exist4, 810 note bearing 12% interest, payable at maturity, from a major client in settlement of a exist4, 810 bill. The above balances do not reflect this transaction. 3. Concord factored some accounts receivable at the end of 2017. It transferred accounts totaling exist10,000 to Final Factor, Inc. with recourse. Final Factor will receive the collections from Concord's customers and will retain 2% of the balances. Final Factor assesses Concord a finance charge of 3% on this transfer. The fair value of the recourse liability is exist380. However, management has determined that the amount due from the factor and the fair value of the resource obligation have not been recorded, and neither are included in the balances above. 4. Concord charged off uncollectible accounts with balances of exist1, 780. On the basis of the latest available information, the 2017 provision for bad debts is estimated to be 2.5% of accounts receivable. (a) Based on the above transactions, determine the balance for (1) Accounts Receivable and (2) Allowance for Doubtful Accounts at December 31, 2017. (Round answers to 0 decimal places e.g. 125.) Accounts receivable ending balance exist 82310 Allowance for doubtful ending balance exist 852