The Miller Company earned $127,000 of revenue on account during Year 1. There was no beginning balance in the accounts receivable and allowance accounts. During Year 1, Miller collected $84,000 of cash from its receivables accounts. The company estimates that it will be unable to collect 3% of its sales on account. What is the amount of uncollectible accounts expense that will be recognized on the Year 1 income statement? Multiple Choice $3,810 $1,290 $2,520 $43,000 Harding Corporation acquired real estate that contained land, building and equipment. The property cost Harding $2,850,000. Harding paid $875,000 and issued a note payable for the remainder of the cost. An appraisal of the property reported the following values: Land, $925,000; Building, $2,750,000 and Equipment, $1,825,000. What journal entry would be used to record the purchase of the above assets? (Do not round intermediate calculations.) Multiple Choice