Part A)<br/>Arundel Company uses percentage of sales to estimate uncollectibles.  At

the end of the fiscal year, December 31, 2018, Accounts Receivable has a balance of $78,000 and had a total of $840,000 in credit sales. Arundel assumes that 1.5% of sales will eventually be uncollectible. before adjustment, the Allowance for Uncollectible Accounts had a credit balance of 4,500. What dollar amount should be credited to Allowance for Uncollectible Accounts at year end?
Part B)
Salisbury Company uses the perpetual inventory system and had the following inventory &amp; sales activity for the month of May 2019:
Date
Activity
Quantity
Unit Price
5/1
Beginning Inventory
175
$11.00
5/5
Purchase
200
$12.00
5/10
Sales
300
$25
5/15
Purchase
200
$14.00
5/20
Sales
250
$28
5/25
Purchase
150
$13.50
Using the LIFO method, determine the dollar value for Ending Inventory at the end of month of May. Round to the nearest cent.