At December 31, 2014, House Co. reported the following information on its balance sheet. $965,280 79,020 Less: Allowance for doubtful accounts During 2015, 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 1. 2. 3. $3,656,710 49,100 2,812,580 89,910 27,610 4. 5