At December 31, Hawke Company reports the following results for its calendar year.

Cash sales	$ 520,000
Credit sales	$ 1,300,000

In addition, its unadjusted trial balance includes the following items.

Accounts receivable	$ 390,000	debit
Allowance for doubtful accounts	$ 4,700	debit

3. An aging analysis estimates that 6% of year-end accounts receivable are uncollectible. Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on its December 31 balance sheet.

Current assets:

_______________. __________

_______________. _____________