Skipper Map Company's balance sheet at Decomber 31, 2015, reported the following (Click the ieon to viow the data) Read the reguirements: Requirement 1. How much of the receivables did Skipper expoct to collect? Stated differenty, what was the net realizable value of these receivables? The nat raalizable ynalue of these recelyatles is Requirements 1. How much of the receivables did Skipper expect to collect? Stated differently, what was the net realizable value of these receivables? 2. Journalize, without explanations, 2016 entries for Skipper and post to the Accounts Receivable and Allowance for Bad Debts T-accounts. a. Total credit sales for 2016 were $170,000. b. Skipper received cash payments on account during 2016 of $136,000. c. Accounts receivable identified to be uncollectible totaled $8,500. 3. Record the adjusting entry to recognize bad debts expense using the following independent situations, and then post to the Bad Debts Expense and Allowance for Bad Debts T-accounts. a. 2% of credit sales were estimated to be uncollectible. b. An aging of receivables indicates that $1,700 of the receivables are estimated to be uncollectible. Data table