2. Prepare journal entries to record the following transactions: (A) On December 15, Year 1, the company recorded $200,000 sales on account. (B) On December 31, Year 1, the company estimated bad debt expenses of $20,000. (C) On January 12. Year 2, the company collected $125,000 worth of accounts receivable. D) After many collection attempts, on June 15. Year 2, the company determined that it would not collect $12,000 in accounts receivables from Pendant Publishing. It decided to write-off this account (E) Based on the above journal entries, what is the ending balance for net accounts receivable? Assume the beginning balances for accounts receivable and allowance for doubtful accounts were zero before the journal entries