Cromwell Corporation operates in an industry that has a high rate of bad debts. On 12/31/22 before any year-end adjustments, the balance in Cromwell's Accounts Receivable account was $825,000 and the Allowance for Doubtful Accounts had a debit balance of $3,000. Cromwell assumes that 5% of receivables will ultimately become uncollectible. Required: a. Before making its year end adjustment, Cromwell determines that an account of $5,000 is uncollectible and decides to write off the account. What entry will Cromwell make to write it off? b. Assuming that Cromwell then uses the percentage of receivables to apply the allowance method, what is the appropriate ending balance for the Allowance for Doubtful Accounts on 12/31/22? c. What adjusting entry will Cromwell make at 12/31/22 for the Allowance for Doubtful Accounts? d. Show how accounts receivable would be presented on the 12/31/20 balance sheet.