Vulcan Service Co. experienced the following transactions for 2016, its first year of operations:

1.	Provided $91,000 of services on account.
2.	Collected $72,000 cash from accounts receivable.
3.	Paid $36,000 of salaries expense for the year.
4.	Adjusted the accounts using the following information from an accounts receivable aging schedule:

Number of Days

Past Due

Amount

Percent Likely to

Be Uncollectible

Allowance

Balance

Current

$

7,800

.01

0-30

4,500

.05

31-60

2,000

.10

61-90

2,200

.20

Over 90 days

2,500

.50

Required
a.	Record the above transactions in general journal form . (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

c.	What is the net realizable value of the accounts receivable at December 31, 2016?