The following information is available for Quality Book Sales sales on account and accounts receivable: Accounts receivable balance, January 1, 2016 Allowance for doubtful accounts, January 1, 2016 Sales on account, 2016 Collection on accounts receivable, 2016 $ 78,500 4,710 550,000 After several collection attempts, Quality Book Sales wrote off $2,850 of accounts that could not be collected. Quality Book Sales estimates that 4 percent of the ending accounts receivable balance will be uncollectible. Required a. Compute the following amounts: (1) Using the allowance method, the amount of uncollectible accounts expense for 2016. ount of uncollectible accounts (2) Net realizable value of receivables at the end of 2016. Net realizable value