LifelsGood Co. began its fiscal year of 2021 with balances in accounts receivable and allowance for doubtful accounts of $44,300 and $1,675, respectively. The company reported credit sales of $490,250 during the year, and wrote off $1,400 of uncollectible accounts. The Company prepared the following aging schedule on December 31, 2021: Number of Days Receivables % Likely to be Past Due Amount Uncollectible Current 0-30 31-60 61-90 Over 90 1% 5% 10% 25% 50% $ 24,750 8,300 9,000 2,150 1,750 Total $ 45,950 Requirements: a) Prepare general journal entries to record the 2021 credit sales, collection of accounts receivable, write-off of uncollectible accounts, and estimate of uncollectible accounts. (10 points) b) What is the Company's have been made? Show your work. (4 points) realizable value of receivables after all of the above entries