Blossom Ltd. reported the following information on financial statements for the year ended December 31, 2023: Accounts receivable $2.948.000 Allowance for expected credit losses 96.130 Credit losses 152.940 During 2024, the company had the following transactions related to receivables: a. Sales were $26,148,000, of which $21,262,000 were on account. b. Collections of accounts receivable were $20.018.000. c. Writeoffs of accounts receivable were $101,100. c. Recoveries of accounts previously written off as uncollectible were $21,100. (Note that this amount is not included in the collections referred to in item (b) above.)