Exercise $7-3$A $($Algo$)$ Analyzing account balances for a company using the allowance method of accounting for uncollectible accounts LO $7-1$

The following account balances come from the records of Ourso Company:

Accounts receivable

Beginning Balance Ending Balance

$$2,965,$$$3,430$

$129,181$

During the accounting period, Ourso recorded $$12,650$ of sales revenue on account. The company also wrote off a $$112$ account receivable.

Required

a$.$ Determine the amount of cash collected from receivables.

b$.$ Determine the amount of uncollectible accounts expense recognized during the period.

$\backslash$table$[[$a$.$ Collections of accounts receivable,$$62,217$