At January $1,2024,$ Mount Pleasant Flagpoles had Accounts Receivable of $$34,000$ and Allowance for Bad Debts had a credit balance of $$4,000.$

Record the following transactions assuming the allowance method is used:

$1.$ Sales of $$172,000($$$157,000$ on account, $$15,000$ cash$)$

$2.$ Collections on account of $$126,000$

$3.$ Write offs of uncollectible receivables of $$2,700$