At the beginning of the year, Penman Company had the following account balances. Accounts receivable $427,200 Allowance for uncollectible accounts 25,680 During the year, Penmans credit sales were $2,409,600, and collections on accounts receivable were $2,355,600. The following additional transactions occurred during the year. Feb. 17 Wrote off Bavas account, $9,840. May 28 Wrote off Reeds account, $5,760. Dec. 15 Wrote off Fischers account, $2,760. Dec. 31 Recorded the bad debts expense assuming Penmans policy is to record bad debts expense as 0.9% of credit sales. (Hint: The allowance account is increased by 0.9% of credit sales regardless of writeoffs.) Compute the ending balances in accounts receivable and the allowance for uncollectible accounts and show how Penmans December 31 balance sheet reports the two accounts. Note: Round your answers to the nearest whole dollar. Note: Do not use a negative sign with your answers.