During its first year of operations, Crane Company had credit sales of $2,907,000, of which $402,700 remained uncollected at year- end. The credit manager estimates that $16,200 of these receivables will become uncollectible. (a) Your answer is correct. Prepare the journal entry to record the estimated uncollectibles. (Assume an unadjusted balance of zero in Allowance for Doubtful Accounts.) (List debit entry before credit entry. Credit account titles are automatically Indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Bad Debt Expense Allowance for Doubtful Accounts Debit 16,200 Credit 16.200 Prepare the current assets section of the balance sheet for Crane Company, assuming that in addition to the receivables it has cash of $83,200, merchandise inventory of $175,000, and supplies of $12,600. (List Current Assets in order of liquidity.) CRANE COMPANY Balance Sheet (partial) (c1) The parts of this question must be completed in order. This part will be available when you complete the part above. (c2) The parts of this question must be completed in order. This part will be available when you complete the part above.