Blue Company has been in business several years. At the end of the current year, the ledger shows the following: Accounts Receivable Sales Revenue Allowance for Doubtful Accounts $ 332,400 Dr. 2,177,400 Cr. 5,800 Cr. Bad debts are estimated to be 10% of accounts receivables. Prepare the entry to adjust Allowance for Doubtful Accounts. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit In its income statement for the year ended December 31, 2020, Indigo Company reported the following condensed data. Operating expenses $743,300 Interest revenue $32,350 Cost of goods sold Interest expense 1,323,900 Loss on disposal of plant assets 18,260 72,410 Net sales 2,407,100 Other comprehensive loss 8,200 (a) Prepare a multiple-step income statement. (List other revenues before other expenses. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) INDIGO COMPANY Income Statement $