During the current year, sales on account were $304,673, collections on account were $289,950, write-offs of bad debts were $6,979, and the bad debt expense adjustment was $4,695 1-a. Complete the Accounts Recelvable and Allowance for Doubtful Accounts T-accounts to determine the balance sheet values. Required: 1-b. Complete the amounts related to Accounts Recelvable and Bad Debt Expense that would be rported on the income statement 1-c. Complete the amounts related to Accounts Recelvable and Bad Debt Expense that would be reported on the balance sheet for the for the current year. current year. Complete this question by entering your answers in the tabs below. Complete the Accounts Recelvable and Allowance for Doubtful Accounts T-accounts to determine the balance sheet values. Complete this question by entering your answers in the tabs below. Complete the amounts related to Accounts Recelvable and Bad Debt Expense that would be reported on the income statement for the current year. Complete the amounts related to Accounts Receivable and Bad Debt Expense that would be reported on the baiance sheet for the current year. (Amounts to be deducted should be indicated by a minus sign.)