The following information is available for Quality Book Sales's sales on account and accounts receivable:

Accounts Receivable Balance, January 1, 2018	$	124,780
Allowance for Doubtful Accounts, January 1, 2018		3,050
Sales on Account, 2018		876,350
Collections of Accounts Receivable, 2018		901,017

After several collection attempts, Quality Book Sales wrote off $2,780 of accounts that could not be collected. Quality Book Sales estimates that 1.25 percent of sales on account will be uncollectible.

Required

1. a. Compute the following amounts:

2. (1) Using the allowance method, the amount of uncollectible accounts expense for 2018. (Round your final answer to nearest whole dollar amount.)

3. (2) Net realizable value of receivables at the end of 2018. (Round intermediate calculations final answer to nearest whole dollar amount.)