2 TravelToday, Inc., disclosed the following rounded amounts (in thousands) concerning the Allowance for Doubtful Accounts on its Form 10-K annual report 14.28 points Allowance for Doubtful Accounts dollars in thousands Ending Balance $1,700 10,000 9,000 Beginning Balance Increases for Bad Debt Expense Decreases for Write-offs Year 2016 2015 2014 10,000 9,000 13,500 4,500 5,100 1,400 4,100 5,900 eBook Required 1-a. Prepare a T-account for the Allowance for Doubtful Accounts and enter into it the 2014 amounts from the above schedule. The 1-b. Write the T-account in equation format to prove the above items account for the changes in the account. Print balance at the beginning of each year in the Allowance for Doubtful Accounts is a credit balance 2. Record summary journal entries for 2015 related to (a) estimating Bad Debt Expense and (b) writing off specific customer account 3. Supply the missing information for 2016 balances. 4. If TravelToday had written off an additional $40 of Accounts Receivable during 2016, by how much would Net Receivables have decreased? How much would Net Income have decreased? Complete this question by entering your answers in the tabs below Req 1A Req 1B Req 2 Req 3 Req 4 Prepare a T-account for the Allowance for Doubtful Accounts and enter into it the 2014 amounts from the above schedule. The balance at the beginning of each year in the Allowance for Doubtful Accounts is a credit balance. (Enter your answers in thousands.) Allowance for Doubtful Accounts Beg. Bal End. Bal