Daimler AG is a globally leading producer of premium passenger cars and the largest manufacturer of commercial vehicles in the

world. Its group of businesses includes Mercedes$-$Benz Cars, Daimler Trucks, Daimler Financial Services, Mercedes$-$Benz Vans, and

Daimler Buses. The company disclosed the following analysis of its accounts receivable at December $31$ of the current year $($amounts

in millions of euros$)$:

Assume that the estimated percentages of uncollectible accounts were determined as $0\mathrm{.}1$ percent, $1$ percent, $5$ percent, $10$ percent, $20$

percent, and $40$ percent for the six age groups, respectively. At January $1$ of the current year, the allowance for doubtful accounts had

a balance of $124,$ and a total of $29$ was written off as uncollectible during the year. The company recovered $15$ from customers

whose accounts were written off in the previous year.

Required:

Prepare the journal entries to record the receivables that were written off in the current year, the recovery of receivables written off

in the previous year, and the bad debt expense for the current year. $($Enter your answer in millions of euros. Round intermediate

calculations and final answers to $2$ decimal place. If no entry is required for a transaction$/$event$,$ select $"$No journal entry required"

in the first account field.$)$Show how the information related to accounts receivable is presented on the company's statement of financial position as at December $31$ of the current year. $($Enter your answer in millions of euros. Round intermediate calculations and final answers to $2$ decimal place.$)$