During its first year of operations, Ivanhoe Company had credit sales of $2,862,000, of which $380,600 remained uncollected at yearend. The credit manager estimates that $17,750 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 0 for the amounts.) Prepare the current assets section of the balance sheet for Ivanhoe Company, assuming that in addition to the receivables it has cash of $94,900, merchandise inventory of $170,800, and supplies of $12,000. (List Current Assets in order of liquidity.)