Liang Company began operations on January 1, 2017. During its first two years, the company completed a number of transactions involving sales on credit, accounts receivable collections, and bad debts. These transactions are summarized as follows. S 2017 Book a. Sold $1,355,000 of merchandise (that had cost $981,200) on credit, terms n/30. b. Wrote off $21,300 of uncollectible accounts receivable. c. Received $669,500 cash in payment of accounts receivable. d. In adjusting the accounts on December 31, the company estimated that 2.10% of accounts receivable will be uncollectible Print ferences 2018 e. Sold $1,592,700 of merchandise on credit (that had cost $1,262,300), terms n/30. f. Wrote off $26,900 of uncollectible accounts receivable. g. Received $1107,900 cash in payment of accounts receivable. h. In adjusting the accounts on December 31, the company estimated that 2.10% of accounts receivable will be uncollectible