At December $31,2024,$ Blossom Imports reported this information on its balance sheet.$]]]]]]]$

Accounts receivable

$$592,000$

Less: Allowance for doubtful accounts

$41,000$

During $2025,$ 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 uncollectible

Recovery of bad debts previously written off as uncollectible

$$2,780,000$

$50,000$

$2,480,000$

$44,000$

$17,000$

$($b$)$

Enter the January $1,2025,$ balances in Accounts Receivable and Allowance for Doubtful Accounts, post the entries to the two

accounts and determine the balances. $($Post entries in the order of journal entries presented in the previous part.$)$