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Question 5 The balance sheet of Starsky Company at December 31, 2013, includes the following. 1, 2013, includes the following. Notes receivable Accounts receivable Less: Allowance for doubtful accounts24,800 $52,600 198,500 $226,300 Transactions in 2014 include the following. 1. 2. 3. 4. Accounts receivable of $147,500 were collected including accounts of $67,500 on which 400 sales discounts were allowed $5,500 was received in payment of an account which was written off the books as worthless in 2013. Customer accounts of $24,970 were written off during the year. At year-end, Allowance for Doubtful Accounts was estimated to need a balance of $29,490. This estimate is based on an analysis of aged accounts receivable