83. Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $45500. If the balance of the Allowance for Doubtful Accounts is $5100 credit before adjustment what is the amount of bad debt expense for that period?

$45500

$5100

$50600

$40400

84.

Bramble Corp. bought equipment on January 1, 2017. The equipment cost $420000 and had an expected salvage value of $45000. The life of the equipment was estimated to be 6 years. The depreciable cost of the equipment is

$45000.

$375000.

$62500.

$420000.

85.

Novak Corp. bought equipment on January 1, 2017. The equipment cost $390000 and had an expected salvage value of $35000. The life of the equipment was estimated to be 5 years. The company uses the straight-line method of depreciation. The book value of the equipment at the beginning of the third year would be

$355000.

$248000.

$142000.

$390000.