At Decemeber 31, 2013 Hawke Company reports the following results for its calendar year.

Cash sales $1, 905,000

Credit sales $ 5,682,000

In addition, its unadjusted trial balance includes the following items

Accounts receivable $1,270,100 debit

Allowance for doubtful accounts 16,580 debit

1. Prepare the adjusting entry for this company to recognize bad debts under each of the following independent asuumptions.

a. Bad debts are estimated to be 1.5% of credit sales

b. Bad debts are estimated to be 1% of total sales

c. An aging analysis estimates that 5% of year end accounts receivanle are uncollectable.

2. Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on its December 31, 2013, balance sheet give the facts in 1a

3. Show how Accoutns Receivable and the Allowance for Doubtful Accounts appear on its December 31, 2013 balance sheet given the facts in part 1c.

Please show calculations of how you got the numbers, etc.