Griswold's began operations in January, selling inexpensive sunglasses to large retailers like Walgreensand other smaller stores. Assume the following transactions occurred during its first six months of operations.

January 1	Sold merchandise to Walgreens for $19,000; the cost of these goods to Griswold's was $11,100.
February 12	Received payment in full from Walgreens.
March 1	Sold merchandise to Bravis Pharmaco on account for $2,900; the cost of these goods to Griswold's was $1,350.
April 1	Sold merchandise to Tonys Pharmacy on account for $7,900. The cost to Griswold's was $4,350.
May 1	Sold merchandise to Anjuli Stores on account for $1,900; the cost to Griswold's was $1,150.
June 17	Received $6,450 on account from Tonys Pharmacy.

1. Complete the following aged listing of customer accounts at June 30.

Estimate the Allowance for Doubtful Accounts required at June 30 assuming the following uncollectible rates: one month, 3 percent; two months, 4 percent; three months, 20 percent; more than three months, 30 percent.

2. Estimate the Allowance for Doubtful Accounts required at June 30 assuming the following uncollectible rates: one month, 3 percent; two months, 4 percent; three months, 20 percent; more than three months, 30 percent.

3a.

Show how Griswold's would report its accounts receivable on its June 30 balance sheet

3b.	What amounts would be reported on an income statement prepared for the six-month period ended June 30?