Aging Method On January 1, Hungryman Inc. has the following balances for accounts receivable and allowance for doubtful accounts: Accounts Receivable Allowance for Doubtful $213,000 Accounts (a credit balance) 21,300 During the year, Hungryman had $1,080,000 of credit sales, collected $669,600 of accounts receivable, and wrote off $19,600 of accounts receivable as uncollectible. At year end, Hungryman performs an aging of its accounts receivable balance and estimates that $26,000 will be uncollectible. Required: 1. Calculate Hungryman's preadjustment balance in accounts receivable on December 31. 2. Calculate Hungryman's preadjustment balance in allowance for doubtful accounts on December 31. 3. Prepare the necessary adjusting entry for the year. If an amount box does not require an entry, leave it blank.