At year$-$end December $31,$ Chan Company estimates its bad debts as $0\mathrm{.}70\%$ of its annual credit sales of $$882,000.$ Chan records its bad debts expense for that estimate. On the following February $1,$ Chan decides that the $$441$ account of $P.$ Park is uncollectible and writes it off as a bad debt. On June $5,$ Park unexpectedly pays the amount previously written off.

Determine the impact of the December $31,$ February $1,$ and June $5$ transactions on the accounting equation. For each transaction, indicate whether there would be an increase, decrease, or no effect, for Assets, Liabilities, and Equity.

Note: Leave no cells blank.