At December 31, 2021, Monty Corp. reported this information on its balance sheet. Accounts receivable Less: Allowance for doubtful accounts 2 During 2022, the company had the following transactions related to receivables. 3. 5. $641,000 Sales on account Sales returns and allowances 35,000 Collections of accounts receivable Write-offs of accounts receivable deemed uncollectible Recovery of bad debts previously written off as uncollectible $2,615,000 53,000 2.291,000 45,000 14,000

At Docember 31, 2021, Monty Corp. reported this information on its balance shet. Durite 2022 , the company had the following transactions related to receivables