Just need the number for this part, 49000 was incorrect

View Policies Show Attempt History Current Attempt in Progress At December 31, 2021, Ivanhoe Imports reported this information on its balance sheet Accounts receivable Less: Allowance for doubtful accounts $650,000 40,000 1. 2 During 2022, the company had the following transactions related to receivables. Sales on account $2.880,000 Sales returns and allowances 56,000 Collections of accounts receivable 2,580,000 Write-offs of accounts receivable deemed uncollectible 43,000 5. Recovery of bad debts previously written off as uncollectible 15.000 3. 4, 5. (a) Your answer is correct, Prepare the journal entries to record each of these five transactions. Assume that no cash discounts were taken on the collections of accounts receivable. (Omit cost of goods sold entries) (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Ant Titter nd Syntanation Dahit Credit Your answer is partially correct. Prepare the journal entry to record bad debt expense for 2022, assuming that aging the accounts receivable indicates that estimated bad debts are $49,000. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit Account Titles and Explanation Bad Debt Expense Allowance for Doubtful Accounts eTextbook and Media List of Accounts Save for Later Last saved 34 minutes ago Saved work will be auto-submitted on the due date Auto submission can take up to 10 minutes Attempts: unlimited Submit Answer (01) The parts of this question must be completed in order. This part will be available when you complete the part above, (02) The parts of this question must be completed in order. This part will be available when you complete the part above