13-4. Austin Co., which uses an Allowance for Doubtful Accounts, had the follow- ing transactions in 20X5 and 20X6. (Use the income statement approach.) 20X5 Recorded Bad Debts Expense of $12,000 Dec. 31 20X6 3 Wrote off Angie Ring account of $4,000 as uncollectible. Apr. Wrote off Mike Catuc account of $3,000 as uncollectible. June 4 20X7 Recovered $500 from Mike Catuc. Aug. 5 Journalize the transactions. (The company uses the income statement approach in estimating bad debts.) b. Journalize how Austin Co. would record the Mike Catuc bad debt situation if a. the direct write-off method were used