At the beginning of the year, accounts receivable were $161,000 and the allowance for bad debts was $13,200. During the year, sales (all on account) were $617,000, cash collections were $597,000, bad debts expense totaled $19,300, and $13,700 of accounts receivable were written off as bad debts. Required: Calculate the balances at the end of the year for the Accounts Receivable and Allowance for Bad Debts accounts. (Hint. Use T- accounts to analyze each of these accounts, plug in the amounts that you know, and solve for the ending balances.) Accounts receivable Allowance for bad debts Ending balance