At December 31, Folgeys Coffee Company reports the following results for its calendar year. Cashsales..........$900,000Creditsales.........$300,000 Its year-end unadjusted trial balance includes the following items. Accounts receivable..... $125,000 debit Allowance for doubtful accounts...... $5,000 debit 1. Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be 3% of credit sales. 2. Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be 1% of total sales. 3. Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be 6% of year-end accounts receivable