As of December 31, 2021, the Balance Sheet of Murphy Inc. included the following balances: During 2022, the following occurred: - 2022 Sales totaled $900,000. All sales were on account. - Cash collected on Accounts Receivable totaled $885,000. - Receivables deemed uncollectible and written off totaled $13,000. Requirements: A) Record entries for 2022 sales(ignore COGS), cash collections and write-offs B) Update Accounts Receivable and the Allowance for doubtful accounts balances for 2022 activity. An analysis at 12/31/22 indicated that 3% of accounts receivable will be uncollectible. Record the necessary 12/31/22 adjusting entry to record bad debts. Show your work