At December 31, 2011, Ihrke Imports reported this information on its balance sheet.

Accounts receivable		$668,000
Less: Allowance for doubtful accounts		37,000

During 2012, the company had the following transactions related to receivables.

1.		Sales on account		$2,920,000
2.		Sales returns and allowances		53,900
3.		Collections of accounts receivable		2,600,000
4.		Write-offs of accounts receivable deemed uncollectible		43,900
5.		Recovery of bad debts previously written off as uncollectible		14,600

Prepare the journal entries to record each of these five transactions. Assume that no cash discounts were taken on the collections of accounts receivable.