At December 31, 2021, Crane Imports reported this information on its balance sheet. Accounts receivable $639,600 Less: Allowance for doubtful accounts 36,000 During 2022, the company had the following transactions related to receivables. 1. Sales on account $2,650,000 2. Sales returns and allowances 55,000 3. Collections of accounts receivable 2,350,000 4. Write-offs of accounts receivable deemed uncollectible 40,500 5. Recovery of bad debts previously written off as uncollectible 15,300 Enter the January 1, 2022, 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 posted in the previous part) (1): Accounts Receivable Allowance for Doubtful Accounts