5. On December 31, ABC Inc.'s books showed accounts receivable of $385,600; sales revenue of $1,480,000 (70% were on credit); and Allowance for Doubtful Accounts of $1,600 (credit balance).Assume bad debts are estimated and recorded as 10% of Accounts Receivables. (1) Show how Accounts Receivable and Allowance for Doubtful Accounts would appear on the balance sheet. (2) Present the entry to write off a $1,800 account. (3) Show how Accounts Receivable and Allowance for Doubtful Accounts would appear on a balance sheet immediately after writing off the account in (2) above. 10