4 Part 3 of 3 Required information Problem 7-2A (Algo) Estimating and reporting bad debts LO P2, P3 (The following information applies to the questions displayed below.) At December 31, Hawke Company reports the following results for its calendar year. 2 Boints Cash sales Credit sales $1,639, 270 $3,590,000 ook In addition, its unadjusted trial balance includes the following items. Accounts receivable Allowance for doubtful accounts $1,037,770 debit $ 22,220 debit Bence Problem 7-2A (Algo) Part 3 3. An aging analysis estimates that 6% of year end accounts receivable are uncollectible. Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on its December 31 balance sheet (Do not round intermediate calculations.) Current musta MC