2. On January 15 of next year, record the entry for the write off of a specific account (Emanuel inc.) for $1,400. Assume that the allowance was determined unders assumption (b) of part (1) (aging A/R).

3. On January 31, record the unanticipated recovery of $1,4000 for the Emanuel Inc. account previously written off on January 15 in part (2).

At its annual year-end of December 31, the accounts of EZ Inc. show the following 1) Credit sale for the year of $3,200,000 2) Allowance for doubtful account balance, December 21,$10,000 credit (before end of year adjustments) 3) Account Receivable balance, December 31,$400,000 4) Aging schedule at December 31 for A/R follow