At December $31,2021,$ Culver Imports reported this information on its balance sheet.

Accounts receivable

$$558,400$

Less: Allowance for doubtful accounts

$39,840$

During $2022,$ the company had the following transactions related to receivables.

Sales on account

Sales returns and allowances

Collections of accounts receivable

Write$-$offs of accounts receivable deemed uncollectibleCULVER IMPORTS

Balance Sheet

Assets

$