Use the attached financial statements for Dillards. Inc. $($ticker$.$ DDS darr $)$ to answer the questions in the following sections. Unless otherwise stated. provide answers for the most recent fiscalyear.

You will also need the following information:

Assume the allowance for doubtful accounts was $$1,349$ and $$1,761$ on February $1,2025,$ and February $3,2024,$ respectively. In addition, assume for the most recent fiscal year, writeoffs were $$2,500$ and receivables collected were $$425,368.$

Question $1$

$4$ pts

a$.$ What was gross amount of receivables owed to DDS at the end of fiscal $2025(4$ points$)?$ Enter your answer without dollar signs or commas.

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Question $2$

$4$ pts

b$.$ What amount of credit sales did DDS record for the most recent year $(4$ points$)?$ Enter your answer without dollar signs or commas.

$$

Consolidated Statements of leoome

Dellars In Thousands, Exeept Per Share Data

$\backslash$table$[[$Net sales,Yen Taded$],[$Fetrearl$,2689,$Etrus? $2004,$Hawary $25,2001],[5,6,412,636,5,6,732,063,5,6,871,081],[$Service charges and other income,,$107,595,,122,367,,125,134],[,,6,590,231,,6,874,020,,6,996,215],[$Cont of sales.,,$3,919,549,,4,031,108,,3,983,598],[$Selling$\_$ general and administrative espenses,,$1,731,234,,1,717,415,,1,674,317],[$Depreciation and amortization,,$177389,,179\mathrm{.}573,,188,400],[$Rentals$,,21,419,,21,569,,23,169],[$Interest and debt $($income$)$ expense, net.,,$(13,485),,(4,600),,30,527],[$Other experse,,$24-451,,18,791,,7,744],[$Gain on dispessal of assebs.,,$(45),,(5\mathrm{.}5\mathrm{.}5),,(21,047)],[$Income before income laxes.,,$728,701,,916547,,1,109,467],[$Income taxes,,$134235,,177,770,,217,830],[$Net income.,$$,5984\%,5,738\mathrm{.}847,5,],[891,637],[$Baxic$,5,36\mathrm{.}82,5,44\mathrm{.}73,5,50\mathrm{.}81],[$Diluted$,,36\mathrm{.}82,,44\mathrm{.}73,,50\mathrm{.}81]]$

Soe notes to consolidated financial statements.

Consolidated Statements of leoome

Dellars In Thousands, Exeept Per Share Data

$\backslash$table$[[$Net sales,Yen Taded$],[$Fetrearl$,2689,$Etrus? $2004,$Hawary $25,2001],[5,6,412,636,5,6,732,063,5,6,871,081],[$Service charges and other income,,$107,595,,122,367,,125,134],[,,6,590,231,,6,874,020,,6,996,215],[$Cont of sales.,,$3,919,549,,4,031,108,,3,983,598],[$Selling$\_$ general and administrative espenses,,$1,731,234,,1,717,415,,1,674,317],[$Depreciation and amortization,,$177389,,179\mathrm{.}573,,188,400],[$Rentals$,,21,419,,21,569,,23,169],[$Interest and debt $($income$)$ expense, net.,,$(13,485),,(4,600),,30,527],[$Other experse,,$24-451,,18,791,,7,744],[$Gain on dispessal of assebs.,,$(45),,(5\mathrm{.}5\mathrm{.}5),,(21,047)],[$Income before income laxes.,,$728,701,,916547,,1,109,467],[$Income taxes,,$134235,,177,770,,217,830],[$Net income.,$$,5984\%,5,738\mathrm{.}847,5,],[891,637],[$Baxic$,5,36\mathrm{.}82,5,44\mathrm{.}73,5,50\mathrm{.}81],[$Diluted$,,36\mathrm{.}82,,44\mathrm{.}73,,50\mathrm{.}81]]$

Soe notes to consolidated financial statements.

Question $3$

$4$ pts

c$.$ Provide the journal entry $($accounts and amount$)$ DDS would record for bad debt expense in $2025(4$ points$).$

DR Allowance for Doubtful Accounts $$2,088$; CR $8$ad Debt Expense $$2\mathrm{.}088$

DR Bad Debt Expense $$2\mathrm{.}912$: CR Allowance for Doubtful Accounts $$2,912$

DR Allowance for Doubtful Accounts $$2,912$; CR Bad Debt Expense $$2,912$

DR Bad Debt Expense $$2,088$; CR Allowance for Doubtful Accounts $$2,088$

Question $4$

$2$ pts

d$.$ What are the one to three things $($discussed in class$)$ that DDS could do to generate cash using its receivables $(2$ points$)?$

Swap accounts receivable for notes receivable

Sell factort receliabley

Use receivables for collateral

Question $5$

$2$ pts

e$.$ What is impacted when accounts receivable are written$-$off? $(2$ points$)$

None of there

Cast provised to roperating activities

Net accounts receivable

Net Income