The following are a series of unrelated situations. Answer the questions relating to each of the five independent situations as requested. 1. Culver Company's unadjusted trial balance at December 31, 2020, included the following accounts. Debit Credit Accounts receivable $ 48,600 Allowance for doubtful accounts 4,470 Net sales $ 1,225,600 Culver Company estimates uncollectible accounts will be 6% of gross accounts receivable. Determine its bad debt expense for 2020. Bad debt expense for 2020 $ 2. An analysis and aging of Larkspur Corp. accounts receivable at December 31, 2020, disclosed the following. Amounts estimated to be uncollectible $ 181,700 Accounts receivable 1,782,500 Allowance for doubtful accounts (per books) 128,600 What is the net amount expected to be collected of Larkspur's receivables at December 31, 2020? Net realizable value $ $ 3. Cullumber Co. provides for doubtful accounts based on 4% of gross accounts receivable. The following data are available for 2020. Credit sales during 2020 $ 2,873,400 Bad debt expense 57,280 17,520 Allowance for doubtful accounts 1/1/20 Collection of accounts written off in prior years (customer credit was reestablished) Customer accounts written off as uncollectible during 2020 8,020 28,220 What is the balance in Allowance for Doubtful Accounts at December 31, 2020? Allowance for doubtful accounts 12/31/20 $ $ 4. At the end of its first year of operations, December 31, 2020, Riverbed Inc. reported the following information. $ 1,017,600 Accounts receivable, net of allowance for doubtful accounts Customer accounts written off as uncollectible during 2020 Bad debt expense for 2020 22,390 85,030 What should be the balance in accounts receivable at December 31, 2020, before subtracting the allowance for doubtful accounts? Accounts receivable, before deducting allowance for doubtful accounts $ 5. The following accounts were taken from Marin Inc's trial balance at December 31, 2020. Debit Credit Net credit sales $691,500 Allowance for doubtful accounts $ 13,150 Accounts receivable 316,600 If doubtful accounts are 3% of accounts receivable, determine the bad debt expense to be reported for 2020. Bad debt expense, as adjusted $