Reliable enterprises sells distressed merchandise on extended credit terms. collections on these sales are not reasonably assured, and bad debt losses cannot be reasonably predicted. it is unlikely that repossessed merchandise is in condition to be re-sold. therefore, reliable uses the cost recovery method. merchandise costing $32,500 was sold for $56,750 in 2017. collections on this sale were $19,100 in 2017, $14,900 in 2018, and $22,750 in 2019. in its 2017 year-end balance sheet, reliable would report installment receivables (net) of:

In its 2017 year-end balance sheet, Reliable would report installment receivables (net) of $13,400.

Explanation:

Under cost recovery method, the amount which is actually received was recorded in the books of the accounts. Rest will not be considered.

The Installment receivables should be computed by a formula which is shown below:

= 2017 Merchandising costing - 2017 sales collection

= $32,500 - $19,100

= $13,400

Thus, In its 2017 year-end balance sheet, Reliable would report installment receivables (net) of $13,400.

b. a single paragraph.

a paragraph is a series of sentences that are organized and make sense, and are all related to a single topic . almost every piece of writing you do that is longer than a few sentences should be organized into paragraphs. this is because paragraphs show a reader where the subdivisions of an essay begin and end, and thus the reader see the organization of the essay into subjects in order to be able to understand its main points.

answer; the cpi;