Can you please help calculate the net sales, gross profit and income operations for rhe tramsactions? ....PLEASE!! ILL LEAVE A LIKE!!!!

4. 5 points E6-12 (Algo) Recording and Determining the Effects of Bad Debt Transactions on Income Statement Categories Using the Percentage of Credit Sales Method LO6-2 During the current year Glatras Electronics recorded credit sales of $610,000 Based on pilor experience, it estimates a 3.0 percent bad debt rate on credit sales. Required: 1. Prepare journal entries for each of the following transactions a: On October 28 of the current year, an account recewable for $2.600 from a prlor year was determined to be uncollectible and was written off b. At year-end, the appropriate bad debt expense adjustment was recorded for the current year. 2. Complete the following table, indicating the amount and effect for each transaction. 4 Required 1 Required 2 5 points Prepare Journal entries for each of the following transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) a on October 28 of the current year, an account receivable for $2,600 frega prilor your was determined to be uncollectibles b. At year-end, the appropriate bad debt expense adjustment was recorded for the current year Show less No Transaction General Journal Debit Credit 1 a 2,600 S Allowance for doubtful accounts Accounts receivable 2.000 2 D 18,300 Bad debt expense Allowance for doubtful accounts 18,300 (Required Required 2 > 4 D. At year-ena, the appropriate paa debt expense adjustment was recorded for the current year. 2. Complete the following table, indicating the amount and effect for each transaction. Answer is not complete. 5 points Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the following table, indicating the amount and effect for each transaction. (Indicate decrease Transaction Net Sales 591,700 Gross Profit 591,700 Income from Operations 591,700 a b