need help trying to calculate h.

Liang Company began operations in Year 1. 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 Year 1 a. Sold $1,345,434 of merchandise on credit (that had cost $975,000). terms n/30. b. Wrote off $18,300 of uncollectible accounts receivable. c. Received $669,200 cash in payment of accounts receivable d. In adjusting the accounts on December 31, the company estimated that 1.5% of accounts receivable would be uncoilectible Year 2 e. Sold $1,525,634 of merchandise on credit (that had cost $1,250,000). terms n/30 f. Wrote off $27,800 of uncollectible accounts receivable g. Received $1,204,600 cash in payment of accounts receivable h. In adjusting the accounts on December 31, the company estimated that 15% of accounts receivable would be uncolleen Required: Prepare journal entries to record Liang's Year 1 and Year 2 summarized transactions and its year end adjustments to record bad debts expense. (The company uses the perpetual inventory system, and it applies the allowance method for its accounts receivable) (Round vour intermediate calculations to the nearest dollar.) Year 2 summarized transactions and its year-end adjustments to record bad debts expense. (The company uses the perpetual inventory system, and it applies the allowance method for its accounts receivable.) No General Journal Transaction e(1) Credit Debit 1,525,634 1 Accounts receivable Sales 1,525,634 2 e(2) 1.250,000 Cost of goods sold Merchandise inventory 1,250,000 3 27.800 Allowance for doubtful accounts Accounts receivable 3 27.800 1,204,000 4 g Cash Accounts receivable 1,204,600 > 32,700 5 h Bad debts expense Allowance for doubtful accounts 32,700