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Journal entry worksheet Die n Journal entry worksheet Det 2021 Reform 2. 2023 Percentage of Receivable Method Percentage of Credit Sales Method Net income [The following information applies to the questions displayed below.) Suzuki Supply reports the following amounts at the end of 2021 (before adjustment). Credit Sales for 2021 Accounts Receivable, December 31, 2021 Allowance for Oncollectible Accounts, December 31, 2021 $ 257,eee 52,000 1,100 (debit) 3. Calculate the effect on net income (before taxes) and total assets in 2021 for each method. Percentage of Receivables Method Percentage of Credit Sales Method Total assets Net income Suzuki Supply reports the following amounts at the end of 2021 (before adjustment). Credit Sales for 2021 Accounts Receivable, December 31, 2021 Allowance for Uncollectible Accounts, December 31, 2021 $ 257,000 52,890 1,100 (debit) 3. Calculate the effect on net income (before taxes) and total assets in 2021 for each method. Percentage of Receivables Method Percentage of Credit Sales Method Total assets Net income Journal entry worksheet Die n Journal entry worksheet Det 2021 Reform 2. 2023 Percentage of Receivable Method Percentage of Credit Sales Method Net income [The following information applies to the questions displayed below.) Suzuki Supply reports the following amounts at the end of 2021 (before adjustment). Credit Sales for 2021 Accounts Receivable, December 31, 2021 Allowance for Oncollectible Accounts, December 31, 2021 $ 257,eee 52,000 1,100 (debit) 3. Calculate the effect on net income (before taxes) and total assets in 2021 for each method. Percentage of Receivables Method Percentage of Credit Sales Method Total assets Net income Suzuki Supply reports the following amounts at the end of 2021 (before adjustment). Credit Sales for 2021 Accounts Receivable, December 31, 2021 Allowance for Uncollectible Accounts, December 31, 2021 $ 257,000 52,890 1,100 (debit) 3. Calculate the effect on net income (before taxes) and total assets in 2021 for each method. Percentage of Receivables Method Percentage of Credit Sales Method Total assets Net income