2 of 3 035632 Book Required information Problem 5-3A Record transactions related to accounts receivable (LO5-3,5-4, 5-5) [The following information applies to the questions displayed below] The following events occur for The Underwood Corporation during 2021 and 2022, its first two years of operations. June 12, 2021 Provide services to customers on account for $35,000. September 17, 2021 Receive $20,000 from customers on account. December 31, 2021 Estinate that 40% of accounts receivable at the end of the year will not be received. March 4, 2022 Provide services to customers on account for $50,000. May 20, 2022 Receive $10,000 from customers for services provided in 2021. July 2, 2022 Write off the remaining amounts oved from services provided in 2021.. October 19, 2022 Receive $40,000 from customers for services provided in 2022. December 31, 2022 Estimate that 40% of accounts receivable at the end of the year will not be received. Dichtem 20 Part 2