D Question 3 15 pts At December 31, Dunder Miffin Corporation reports the following for its calendar year Cash Sales $168,716 Credit Sales: $498,380 The unadjusted trial balance includes the following Accounts receivable: $142,110 Allowance for doubtful accounts (ADA) $245 debit balance Use this information to answer each of following questions. 1. Provide the necessary year-and adjusting entry assuming bad debts are estimated to be 3% of TOTAL sales. (10 pts.) 2. After providing the necessary adjusting entry assuming bad debts are estimated to be 3% of total sales, what are the Net Receivables shown on the December 31 balance sheet. (5 pts.)