Calculate bad debt expense and allowance for doubtful debts Windjammer Technologies Ltd has been having difficulty collecting its accounts receivable. For the year 2019, the company increased the...

Calculate bad debt expense and allowance for doubtful debts Windjammer Technologies Ltd has been having difficulty collecting its accounts receivable. For the year 2019, the company increased the allowance for doubtful accounts by $53 000, bringing the balance to $74 000. At the end of 2019, accounts receivable equalled $425 000. When the year-end audit was being done, it was decided to provide a further $45 000 of accounts receivable that were doubtful, and write off $30 000 of accounts receivable previously deemed doubtful. Calculate the following: 1 bad debts expense for 2019 2 allowance for doubtful debts at the end of 2019 3 estimated collectable value of accounts receivable at the end of 2019.