3 Part 2 of 3 3.57 points eBook Required Information [The following Information applies to the questions displayed below.] At December 31, Hawke Company reports the following results for its calendar year. Cash sales Credit sales $ 480,000 $ 1,200,000 In addition, its unadjusted trial balance Includes the following items. Accounts receivable Allowance for doubtful accounts $ 648,000 debit $ 6,500 debit Print 2. Bad debts are estimated to be 3% of credit sales. Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on Its December 31 balance sheet. References Current assets: $ 0