During February of 2021, Mitias recorded new credit sales of $450,000 and collected $250,000. Mitias started February with a beginning A/R balance of $150,000. The Allowance for Doubtful Accounts carried a credit balance of $5,200. a. Mitias likes to maintain an allowance of 2% of the outstanding A/R balance (the gross number). Record the AJE at the end of February so that Mitias is happy with the allowance balance: b. After the transaction in (4a), what amount will Mitias report on its balance sheet for Accounts Receivable at the end of February