At year-end (Decembes 31). Chan Compary estimates its bad debts as 0.60% of its annuaf credit sales of $703,000. Chan records its Bad Debts Expense for that estimate. On the following Februaty 1. Chan decides that the $352 account of P. Park is uncollectible and wites it off as a bad debt. On June 5. Park unexpectedly pays the amount previously witten off. Prepare Chan's journal entries for the transactions. Record the estimated bad debts expense. Note: Enter debits before credits. Wrote off P. Park's account as uncollectible. Note: Enter debits before credits