131. The following information is available for Plains Company, which uses the allowance method of accounting for uncollectible accounts. 132. On January 1, 2016, Burton Company had a balance in...

131. The following information is available for Plains Company, which uses the allowance method of accounting for uncollectible accounts.

132. On January 1, 2016, Burton Company had a balance in Accounts Receivable of $90,000 and a balance in the Allowance for Doubtful Accounts account of $2,400. During 2016 Burton had credit sales of $244,000 and ended the year with a balance in Accounts Receivable of $48,000. During 2016 Burton also wrote off $1,100 of receivables. Burton uses the allowance method for uncollectible accounts and assumes that 2% of the sales on account will not be collected.
a) After adjusting entries on 12/31/16, what will be the balance in the Allowance for Doubtful Accounts?
b) By what amount did net realizable value of accounts receivable decrease in 2016 due to the write-off of the receivable?
c) What amount of cash was collected from customers during 2016?