Your answer is correct. Presented below is information related to Splish Inc.'s inventory. Skis (per unit) Parkas Boots Historical cost $418.00 $233.20 $116.60 Selling price 466.40 319.00 162.25 Cost to sell 41.80 17.60 5.50 Cost to complete 70.40 63.80 46.75 Determine the following: the net realizable value for each item, an decimal places, e.g. 52.75.) Question 18 of 36 -13 View Policies Current Attempt in Progress Under the allowance method of recognizing collectible accounts, the entry to write an uncolinctitle con has no effect on the allowance for uncollectible accounts decreases net income Mas no effect on net income. Increases the allowance for uncollectible accounts. Save for Later Attempts of 1 used in