At December 31, 2024, Oriole Imports reported this information on its balance sheet. Accounts receivable $620.000 Less: Allowance for doubtful accounts 42,000 2 31/5 1 1. 2. 3. 4. 5. (a) During 2025, the company had the following transactions related to receivables. Sales on account $2.810.000 Sales returns and allowances 63.000 Collections of accounts receivable 2,510,000 Write-offs of accounts receivable deemed uncollectible 44.000 Recovery of bad debts previously written off as uncollectible 15.000

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