Receivables on the balance sheet Identify any errors in the following partial balance sheet. Napa Vino Company Balance Sheet December 31, 2016 Current assets: Cash Assets $78,500 Notes receivable $300,000 Interest receivable (4,500) Notes receivable, net 295,500 Accounts receivable $1,200,000 Allowance for doubtful accounts 11,500 Accounts receivable, net 1,211,500 The interest receivable should be The allowance for doubtful accounts should be