At 30 September 2017, the balance on the receivables control account is $644,000. The accountant is preparing draft financial statements and must make the following adjustments: (1) Write off debts totalling $24,000 (2) Record a receipt of $12,000 in respect of a balance which had previously been written off as irrecoverable (3) Make an allowance for receivables equivalent to 2% of trade receivables at 30 September 2017. At 1 October 2016, the allowance for receivables was $9,600 1. What amount should be recognised in current assets in respect of receivables in the statement of financial position at 30 September 2017? 2.What amount should be recognised in receivable expense in the statement of profit or loss for the year ended 30 September 2017?