H' splayed below.) At December 31. 2015. Hawke Company reports the following results for its calendar year Cash sales 1,414,270 Credit sales 3521.000 In addition. Its unadgusted tial balance Includes the followng items Accounts receivable $1.066,863 debit Allowance for doubtful accounts 26,760 debit value 2.50 points Required: 1. Prepare the adjusting entry for this to recognize bad debts under each of the following independent assumptions. a. Bad debts are estimated to be 3% of credit sales b. Band debts are estimated to be 2% of total s c. An aging analysis estimates that 6% of year-end accounts receivable are uncollectible Adjusting estries (all dated December 31, 2015) (Round your final answers to the nearest whole view transact transaction list Journal Entr 1. Bad debts are estimated to be 3% of credit sales. 2. Bad debts are estimated to be 2% of total sales, Bad debts 3. An aging analysis estimates that 6% of year-end accounts receivable are uncollectible