Enter the Accounts Receivable and the Allowance for Expected Credit Losses balances on January 1, 2024. Then post the entries presented in the previous part and calculate the new balances in these accounts. (Post entries in the order of journat entries presented in the previous part.) Current Attempt in Progress On December 31, 2023, Sunland Company reported the following information in its financial statements: During 2024, the company had the following transactions related to receivables: 1. Sales were $10,586,000, of which $8,468,800 were on account. 2. Collections of accounts receivable were $7,289,000. 3. Writeoffs of accounts receivable were $76,000. 4. Recoveries of accounts previously written off as uncollectible were $8,100. (Note that this amount is not included in the collections referred to in item 2 above.) (a) Your answer is correct. Prepare the journal entries to record each of the four items above. (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. List all debit entriec hefnre credit entries.)