On January 1, 2022, Mario Brothers Plumbing reported the following information on its balance sheet: Accounts receivable $750,000 Allowance for doubtful accounts $80,000 (CREDIT BALANCE) In 2022, the company had the following transactions related to sales and receivables: 1. Sales on account (credit sales) 2. Collections of accounts receivable 3. Write offs of accounts receivable deemed uncollectible $2,200,000 $2,500,000 $ 90,000 Required: 1. What is the ending balance of Accounts Receivable and the UNADJUSTED ending balance of the Allowance for Doubtful Accounts? 2. Suppose the company estimates 10% of the ending accounts receivable balance will be uncollectible. Record the bad debt entry. Date Account Titles Debit Credit