3 Required information Problem 5-3A Record transactions related to accounts receivable (L05-3,5-4, 5-5) [The following information applies to the questions displayed below.) Part 3 of 3 Part 3 013 The following events occur for The Underwood Corporation during 2021 and 2022, its first two years of operations. points June 12, 2021 Provide services to customers on account for $31,400. September 17, 2021 Receive $17,000 from customers on account. December 31, 2021 Estimate that 40% of accounts receivable at the end of the year will not be received. March 4, 2022 Provide services to customers on account for $46,400. May 20, 2022 Receive $10,000 from customers for services provided in 2021. July 2, 2022 Write off the remaining amounts owed from services provided in 2021. October 19 2022 Receive $37,000 from customers for services provided in 2022. December 31, 2022 Estimate that 40% of accounts receivable at the end of the year will not be received. Print References Problem 5-3A Part 3 3. Calculate net accounts receivable at the end of 2021 and 2022. 2021 2022 $ 14,400 $ 9,200 Total accounts receivable Less: Allowance for uncollectible accounts Net accounts receivable