2016 a. Sold $1,354,500 of merchandise (that had cost $977,200) on credit, terms n/30. b. Wrote off $20,800 of uncollectible accounts receivable. c. Received $669,800 cash in payment of accounts receivable. d. In adjusting the accounts on December 31, the company estimated that 2.20% of accounts receivable will be uncollectible. 2017 e. Sold $1,537,700 of merchandise (that had cost $1,347,700) on credit, terms n/30. f. Wrote off $25,900 of uncollectible accounts receivable. g. Received $1,207,700 cash in payment of accounts receivable. h. In adjusting the accounts on December 31, the company estimated that 2.20% of accounts receivable will be uncollectible