At December $31,$ Hawke Company reports the following results for its calendar year.

Cash sales

Credit sales

$350,000$

In addition, its unadjusted trial balance includes the following items.

Accounts receivable

Allowance for doubtful accounts

$ $765,000$ debit

$ $6,100$ debit

$2.$ Bad debts are estimated to be $4\%$ of credit sales. Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on its December $31$ balance sheet.