Whispering Company has recorded bad debt expense in the past at a rate of1.5% of accounts receivable, based on an aging analysis. In 2017, Whispering decides to increase its estimate to2%. If the new rate had been used in prior years, cumulative bad debt expense would have been $393,000instead of $293,900. In 2017, bad debt expense will be $124,600instead of $91,040. If Whispering's tax rate is29%, what amount should it report as the cumulative effect of changing the estimated bad debt rate?(Do not leave any answer field blank. Enter 0 for amounts.)

The cumulative effect of changing the estimated bad debt rate$

Sarasota Corporation's adjusted trial balance contained the following asset accounts at December 31, 2017: Cash $9,680, Land $45,100, Patents $14,600, Accounts Receivable $97,740, Prepaid Insurance $6,110, Inventory $37,000, Allowance for Doubtful Accounts $5,700, and Equity Investments (to be sold in the next quarter) $14,360. Prepare the current assets section of the balance sheet. (List CurrentAssets in order of liquidity.) SARASOTA CORPORATION Balance Sheet (Partial) A v A v 4 4 9 Included in Vaughn Company's December 31, 2017, trial balance are the following accounts: Accounts Payable $238,700, Pension Liability $375,700, Discount on Bonds Payable $32,900, Unearned Rent Revenue $48,000, Bonds Payable $406,900, Salaries and Wages Payable $37,000, Interest Payable $16,010, and Income Taxes Payable $33,280. Prepare the current liabilities section of the balance sheet. VAUGHN COMPANY Balance Sheet (Partial) A v 4 +- Included in Bridgeport Company's December 31, 2017, trial balance are the following accounts: Accounts Payable $247,900, Pension Liability $380,200, Discount on Bonds Payable $32,900, Unearned Rent Revenue $49,900, Bonds Payable $403,900, Salaries and Wages Payable $33,100, Interest Payable $14,470, and Income Taxes Payable $37,500. Prepare the longterm liabilities section of the balance sheet. BRIDGEPORT COMPANY Balance Sheet (Partial) {r 4 4 m