Exercise 8-5 On December 31, 2017, when its accounts receivable were $348,000 and its account Allowance for Doubtful Accounts had an unadjusted debit balance of $2,300, Springfield Corp. estimated that $19,500 of its accounts receivable would become uncollectible, and it recorded the bad debts adjusting entry. On May 11, 2018, Springfield determined that Fei Ya Cheng's account was uncollectible and wrote off $2,200. On November 12, 2018, Cheng paid the amount previously written off. Prepare the required journal entries to record each of the above transactions. (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 tities and enter o for the amounts.) 2017 Date Account Titles and Explanation Debit Credit 2018 Date Account Titles and Explanation Debit Credit (To reinstate account previously written off) (To record amount collected) What is the carrying amount of the receivables on (1) December 31, 2017; (2) May 11, 2018; and (3) November 12, 2018, assuming that the total amount of accounts receivable of $246,000 is unchanged on each of these three dates except for any changes recorded above. Carrying amount December 31, 2017 May 11, 2018 November 12, 2018