Wolf Company had a $1,000 credit balance in Allowance for Doubtful Accounts at December 31, 2018, before the current year's provision for uncollectible accounts. An aging of the accounts receivable revealed the following:

		Estimated Percentage Uncollectible
Current Accounts	$110,000	2%
1-30 days past due	40,000	4%
31-60 days past due	27,000	6%
61-90 days past due	14,000	12%
Over 90 days past due	9,000	30%
Total Accounts Receivable	$200,000

a) Use the financial statement effects template to record Wolf Company's bad debt expense for the year.

b) What is the amount that is reported as the net balance for Accounts Receivable as of December 31, 2018?