Luna Corp. uses the aging method to estimate its bad debts. The accountant provided the following information regarding its receivables as of March 31: Account Age Balance Non-collection Probability Current $52,500 2% 1 - 30 days past due 327,500 4% 31 - 60 days past due 167,750 8% Over 60 days past due 11,300 17% A. What is the amount of accounts receivable deemed uncollectible using the aging method

As a result of a thorough physical inventory, waterway company determined that it had inventory worth $320200 at december 31, 2020. this count did not take into consideration the following facts: walker consignment currently has goods worth $47400 on its sales floor that belong to waterway but are being sold on consignment by walker. the selling price of these goods is $75900. waterway purchased $21900 of goods that were shipped on december 27, fob destination, that will be received by waterway on january 3. determine the correct amount of inventory that waterway should report.