Q1: Presented below are selected transactions for PLM Co. during April/202? April I the beginning balance for Accounting reccivables is $30,000 and for the allowance of doubtful accounts is $400 Credit. 2 Sold merchandise to Craftwood Co. for $50,000 term 2/10n/30. 5 A customer bought merchandise for $6,000 using First Bank credit card. The bank charges a service fee of 7%. 12 Craftwood Co. paid for the merchandise bought on 2at April in full. 23 PL.M Co. sold $10,000 of its receivables to National Factors. The service charge is 2%. 30 PLM Co. assessed the uncollectable accounts to be 3% of receivables. What is the net balance of receivables at the end of April