A business, which started trading on 1 January 2014, adjusted its allowance for doubtful debt at the end of each year on a percentage basis, but each year the percentage rate is adjusted in accordance with the current 'economic climate'. The following details are available for the three years ended 31 December 2014, 2015 and 2016.

Bad debts written-off Accounts receivable at 31 December Percentage allowance year to 31 December after bad debts written-off for doubtful debts

2014 2,480 84,000 5

2015 5,216 154,000 4

2016 10,620 172,000 3

You are required to show: (a) Bad Debts Accounts for each of the three years. (fa) Allowance for Doubtful Debts Accounts for each of the three years. (c) Statement of Financial Position extracts as at 31 December 2014, 2015 and 2016.