The following information is available for Quality Book Sales's sales on account and accounts receivable Accounts Receivable Balance, January 1, Year 2 Allowance for Doubtful Accounts, January 1, Year 2 Sales on Account, Year 2 Collections of Accounts Receivable, Year 2 5 78,500 4,718 550,000 556,000 After several collection attempts, Quality Book Sales wrote off $2,850 of accounts that could not be collected Quality Book Sales estimates that 0,5 percent of sales on account will be uncollectible Required a. Compute the following amounts (1) Using the allowance method, the amount of uncollectible accounts expense for Year 2 (2) Net realizable value of receivables at the end of Year 2 1 2 Uncollectible accounts expense Net realizable value