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